New World joins spin-off trend; Great Eagle files listing application

The two Hong Kong developers are both proposing to list part of their hotel properties in the form of dividend paying trusts.
<div style="text-align: left;">
Langham Place Hotel in Hong Kong </div>
<div style="text-align: left;"> Langham Place Hotel in Hong Kong </div>

The current strong demand for defensive real estate paper has sparked something of a rush among Hong Kong developers seeking to monetise part of their portfolios through a separate listing.

¬ Haymarket Media Limited. All rights reserved.

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