New World Development Company Limited's asset
New World Development Company Limited

@nwd.com.hk

A premium brand infused with a unique personality best defined by The Artisanal Movement, New World Group’s core business areas include property development, property investment, road, aviation, construction and insurance.

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About

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New World Development Company Limited is a Hong Kong-based conglomerate engaged in various businesses, including property development, infrastructure, hotels, retail, and health and care. Founded in 1970 by Dr. Cheng Yu-tung, it has since become one of the leading players in the industry.


The company's headquarters is located in Kowloon Bay, Hong Kong. This state-of-the-art complex incorporates sustainability features and fosters a collaborative and innovative work environment. New World Development focuses on developing mixed-use properties, including residential, commercial, and industrial projects.


It has established a strong presence in Hong Kong, Mainland China, and Macau. The company's portfolio includes iconic landmarks such as Victoria Dockside, The Masterpiece, and K11 Musea. In addition to property development, New World Development operates in various sectors.


It owns and manages a wide range of hotels, including the flagship Rosewood Hotels & Resorts brand, which offers luxury accommodations globally. The company also operates lifestyle retail brands such as K11, which aims to integrate art and culture into shopping experiences. New World Development has expanded its reach through strategic acquisitions, subsidiaries, and joint ventures.


Some noteworthy subsidiaries and partnerships include NWS Holdings Limited, Chow Tai Fook Enterprises Limited, and New World China Land Limited. These collaborations have enabled the company to leverage diverse expertise and strengthen its market position. In terms of global sales, New World Development has experienced significant growth and achieved a prominent position within the industry.


Its strong brand reputation, commitment to quality, and innovative designs have set it apart from competitors. The company consistently strives to surpass customer expectations and deliver exceptional experiences, further solidifying its market standing. Throughout its history, New World Development has celebrated several milestones, including the development of large-scale infrastructure projects, contributions to urban renewal, and architectural awards.


These achievements affirm the company's dedication to creating sustainable and socially responsible developments. As of the latest information available, New World Development continues to expand its business footprint in Hong Kong and various international markets. The company remains committed to innovation, sustainable development, and enhancing the well-being of communities it serves.


Overall, New World Development Company Limited is a prominent player in the Hong Kong property sector, with diversified business interests and a global presence

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