Chinachem Group completed the acquisition of the D‧PARK mall in Tsuen Wan from New World Development for $513m.

Chinachem Group, a corporate group, completed the acquisition of the D‧PARK mall in Tsuen Wan from New World Development, a Hong Kong-based company focused on property, hotels, infrastructure and services and department stores, for $513m. "Chinachem Group is delighted to have acquired D‧PARK mall and its carpark. Chinachem is confident about Hong Kong long-term economy and property market, and intends to hold the D‧PARK mall as a long-term investment," Chinachem.