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New World seeks to sell 11 Skies airport mall to boost liquidityThe mall has been evaluated at a price range of HK$15 billion ($1.9 billion) to HK$17 billion, one of the people said. That means selling at a loss considering the company invested HK$20 billion for the project.The development of the 11 Skies mall has become a drag on New World, hampered by sluggish tenant sign-ups and concerns over weak foot traffic — fueled in part by uncertainty around airlines’ willingness to shift flights to Hong Kong’s second airport terminal next to the complex.
https://dk.fashionnetwork.com/news/New-world-seeks-to-sell-11-skies-airport-mall-to-boost-liquidity,1749684.html
What I understand is that KidZania in 11 Skies had trial operations last year during the summer holidays. The first phase of the entertainment facilities is planned to open in the second quarter of 2025. No exact date is available yet.
Source: https://www.am730.com.hk/財經/11-skies首階段娛樂設施明年次季陸續開放-kidzania暑假試營運/474398?utm_source=am730webshare&utm_medium=copy_link
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