Billionaire Cheng Family’s New World Buys China Logistics Assets, Sells Aircraft Leasing Firm

NWS Holdings has agreed to buy six logistics properties in China from Australia’s Goodman Group for $338 million as the Hong Kong-based developer seeks to tap the e-commerce boom, while divesting aircraft leasing firm Goshawk Aviation Ltd.

Billionaire Cheng Family’s New World Buys China Logistics Assets, Sells Aircraft Leasing Firm
NWS Holdings has agreed to buy six logistics properties in China from Australia’s Goodman Group for $338 million as the Hong Kong-based developer seeks to tap the e-commerce boom, while divesting aircraft leasing firm Goshawk Aviation Ltd.

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