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UN Plans Cyprus Meeting in April as Gap Widens Between Sides

China Stymies Sale of U S Consulate Staff Site in Hong Kong

China Stymies Sale of U.S. Consulate Staff Site in Hong Kong Bloomberg 12/30/2020 Peter Vercoe © Bloomberg Residential buildings stand in the Shouson Hill, center, and Deep Water Bay, right, areas of Hong Kong, China, on Monday, Jan. 15, 2018. For the eighth year in a row, Hong Kong holds the dubious distinction of being the world s least affordable city in which to buy a home. (Bloomberg) China has halted the sale of the U.S. consulate staff compound in Hong Kong, citing Washington’s failure to secure approval from Beijing for the $332 million deal. Hang Lung Properties Ltd., which in September agreed to pay HK$2.57 billion ($332 million) for the site, said Wednesday it was unable to complete the purchase. Hong Kong’s Land Registry has informed the developer the sale involves foreign affairs between China and the U.S. and can’t be regarded as an ordinary commercial transaction, Hang Lung said in a stock exchange filing.

Apartment List s Valuation Hits $600 Million Amid Pandemic Boost

Apartment List’s Valuation Hits $600 Million Amid Pandemic Boost Bloomberg 12/21/2020 Gillian Tan and Katie Roof © Bloomberg Residential apartment buildings in the Marina neighborhood of San Francisco, California, U.S., on Tuesday, Oct. 20, 2020. The median monthly rate for a studio in San Francisco tumbled 31% in September from a year earlier to $2,285, compared with a 0.5% decline nationally, according to data released Tuesday by Realtor.com. (Bloomberg) Apartment List, a rental platform, has raised $50 million in a funding round led by Janus Henderson Investors. It roughly doubled its prior valuation to more than $600 million. The investment comes as Apartment List’s business gains momentum.

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