NEW YORK: The eight hundred and forty-eighth entry for the seniors housing Global Awards for 2015 has been received.
Henry Cheng Kar-shun is developing Britain’s single largest regeneration development in London, which involves more than 15,000 flats with an estimated investment of £5 billion.
To fund the project that will take more than 10 years, developer Knight Dragon – privately owned by Cheng of New World Development – has not ruled out any capital financing opportunities. Seeking a stock listing in Hong Kong or London is an option.
“The scale of the project is so big and the capital requirement will build up, so we will see whether we can list [the company] in Hong Kong or London,” said Sammy Lee, a vice-chairman of Knight Dragon.
