Billionaire Cheng Family to Seek Sale of London Rosewood as Pressures Mount
The billionaire Cheng family have put a luxury London hotel up for sale as they grapple with liquidity challenges at debt laden Hong Kong property group New World Development Co.
By Natasha Voase, Faris Mokhtar · Bloomberg Markets
The billionaire Cheng family have put a luxury London hotel up for sale as they grapple with liquidity challenges at debt laden Hong Kong property group New World Development Co.