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New World Development
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== Organization == The head office is in the {{ill|New World Tower (Hong Kong)|lt=New World Tower|zh|新世界大廈}} in [[Central, Hong Kong]].<ref>{{cite web|url=https://www.nwd.com.hk/contact-us|title=Contact Us|publisher=New World Development|accessdate=2022-09-15|quote=30/F, New World Tower, 18 Queen's Road, Central, Hong Kong}} - [https://www.nwd.com.hk/zh-hant/contact-us Traditional Chinese address]: "香港中環皇后大道中18號新世界大廈30樓", [https://www.nwd.com.hk/zh-hans/contact-us Simplified Chinese address]: "香港中环皇后大道中18号新世界大厦30楼"</ref> New World Development owns listed companies [[NWS Holdings]] and [[New World Department Store China]]. New World China Land Limited is wholly owned by New World Development. The company also owned former listed company [[New World Hotels (Holdings)]]. [[Rosewood Hotel Group]], an hotel management company, is a former subsidiary of NWD group. New World Development and sister listed company [[Chow Tai Fook Jewellery Group]] are both majority owned by privately owned [[Chow Tai Fook (Holding)]]. New World Development Company Limited is one of the Hong Kong companies who have a large [[Land banking|landbank]]. As at 31 December 2014, the group had a landbank of around 9.25 million sq ft, of which around 5.3 million sq ft was [[residential property]]. The group had a total of approximately 18.3 million sq ft of attributable [[agricultural land]] reserve pending for conversion.
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