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

The U.S. authorities agreed to promote a compound for consulate workers in one in every of Hong Kong’s most odd residential areas to a local developer for nearly a third of a thousand million greenbacks.

Property agent CBRE Community Inc. said on Thursday the purchaser would pay $332 million (reported as 2.57 billion Hong Kong greenbacks), for the converse at Shouson Hill, on the southern facet of Hong Kong island.

The…