Cranes operate at a construction site in the Kai Tak area of Hong Kong, China. (Photographer: Eduardo Leal/Bloomberg)

It’s a Great Time for Billionaires to Splurge on Real Estate

Jul 06 2019, 5:00 PMJul 08 2019, 2:30 AMJuly 06 2019, 5:00 PMJuly 08 2019, 2:30 AM

(Bloomberg) -- It’s a billionaire’s delight: In a market awash in luxury properties and buyers more skittish about parting with their cash, brokers are working harder to close mega-deals. That some...