David Wraight, managing director at Morgan Stanley, has bought two luxury residential units in Hong Kong for HK$147.3 million (US$18.8 million), joining a growing cadre of global financiers on the hunt for high-value properties at reduced rates.
The two flats in the first phase of Deep Water Pavilia in Wong Chuk Hang, developed by New World Development (NWD) and MTR Corporation, have a combined saleable area of 3,242 sq ft. They were sold last mo…
Source: South China Morning Post – Hong Kong feed (http://www.scmp.com/…)