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.

Source: Wall Street Journal September 10, 2020 09:22 UTC