physical asset transactions

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

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U.S. Government Sells a Hong Kong Compound for 2 Million

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 … Read more

In a Shattered Beirut, Property Predators Circle Storied Neighborhoods

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In a Shattered Beirut, Property Predators Circle Storied Neighborhoods

As Beirut reels from the blast that killed more than 180 people and damaged thousands of homes in prime areas of the city, some buyers and real-estate brokers are seeking to exploit the devastation with cut-rate offers to buy property from distressed owners—deals that could ultimately reshape Beirut’s historic neighborhoods. Source link