U.S. Government Sells a Hong Kong Compound for $332 Million

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The U.S. government agreed to sell a compound for consulate staff in one of Hong Kong’s most exclusive residential areas to a local developer for nearly a third of a billion dollars.

Property agent CBRE Group Inc. said on Thursday the buyer would pay $332 million (reported as 2.57 billion Hong Kong dollars), for the site at Shouson Hill, on the southern side of Hong Kong island.

The…

A Global Asset Management Seoul Korea Magazine

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