New World Development (00017) secures HK$5.9 billion loan financing with Victoria Dockside property as collateral.

Wisdom Financial APP News, New World Development (00017) announced that on September 25, 2025, several members of the group (as borrowers and/or obligors) entered into a financing agreement with Deutsche Bank AG (Deutsche Bank) (as arranger, original lender, and agent). According to the financing agreement, several members of the group will be provided with a maximum of HK$5.9 billion in term loan financing, with an initial commitment of up to HK$3.95 billion, for the group's daily financing activities. The financing may be secured by a first priority mortgage on the property known as "Victoria Dockside" (including the five main components, namely "K11 ARTUS", "K11 ATELIER", "K11 MUSEA", Rosewood Hong Kong Hotel, and several parking lots) and assets related to Victoria Dockside as collateral. At the same time, the group reserves the ability to use Victoria Dockside as collateral to obtain additional financing to support the group's ongoing business needs.