Hong Kong Airport Authority takes over 11 Skies retail from New World: sources
The Airport Authority Hong Kong has taken over the retail and dining operations of the 11 Skies project from New World Development. This significant shift in control comes ahead of the opening of the airport's second passenger terminal.

Briefing Summary
AI-generatedThe Airport Authority Hong Kong has taken over the retail and dining operations of the 11 Skies project from New World Development. This significant shift in control comes ahead of the opening of the airport's second passenger terminal. The Airport Authority has assumed management of approximately 70% of the 2.66 million square foot retail and dining space. It is currently unclear if the authority has also taken over the remaining entertainment and office components of the HK$20 billion development. New World Development had previously won the rights to design, build, and operate the project in 2018, but its role has now been substantially reduced.
Article analysis
Model · rule-basedKey claims
4 extractedIt remains unclear if the authority has taken over the experiential entertainment and office spaces.
New World Development won the rights to design, build, and operate the HK$20 billion project in 2018.
The Airport Authority assumed control of 70% of the 2.66 million sq ft retail and dining space.
Hong Kong Airport Authority has taken over retail and entertainment operations of 11 Skies from New World Development.