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Citigroup buys Asian HQ for HK$5.4b in record Hong Kong office deal

[HONG KONG] Citigroup will pay HK$5.425 billion (S$877 million) for its new Hong Kong headquarters, in the largest ever purchase of a single-block office building in the Asian financial hub, the US bank said yesterday.

A unit of developer Wheelock and Co Ltd is building the twin One Bay...

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