New World Development

The payment will cover some of the developer’s long-term rental obligations with Hong Kong’s Airport Authority

Billionaire Chengs might forgo a deal by injecting capital through a rights issue instead

The potential buyers include Aravest, a Sumitomo Mitsui Finance & Leasing-backed real-estate manager

The plan involves linking two new seaports via a rail and road network across Thai’s southern peninsula

Some of the larger, premium apartments are being offered via tender, a method that can help fetch higher prices

The territory’s housing prices are forecast to climb as much as 15% this year, with prime mall rents up by 5%

The company is in preliminary discussions with banks for a potential five-year facility

The property firm is one of Hong Kong’s “Big Four” property developers

Under the proposed deal, the US company would be able to restructure the embattled developer