PolyU Library
Journal Call no.HD38.2.E93
Article TitleReal estate development is the cash cow.
Is Part OfThe executive ; v.15, no.2, Feb 1994, p.27-28, illus.
AbstractProperty has been, and will continue to be the lynchpin of New World's growth. the corporate objective has been to maintain a balanced portfolio of investment and development properties. Currently the group has a total of 562,000 square metres of land in urban areas in Hongkong, of which development of 25% is due for completion in 1994. This is complemented by a further 1,437,000 square metres of farm land in the New Territories.