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 … Read more

In a Shattered Beirut, Property Predators Circle Storied Neighborhoods

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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