Article

New World Development is facing tenant losses at its HK$20 billion airport mall in Hong Kong, as several tenants terminate leases amid ongoing retail challenges. Meanwhile, Lifestyle International Holdings is in discussions to refinance an HK$8 billion loan, with proceeds aimed at addressing a maturing obligation linked to the Sogo department store. Other developments include potential collective sales at Singapore's Orchard Shopping Centre and a significant power purchase agreement by NTT Global Data Centers for its Bangkok facility.