Old becomes hip: Asia’s heritage buildings get multimillion dollar makeovers as investors see gold and dazzle in history and culture

Conservation of heritage buildings is gaining traction in Asia, as more investors and companies are piling in and devoting resources to preserve an increasing number of historical sites, either by giving them a new lease of life or repurposing them as part of a bigger property development project.Hong Kong’s Tai Kwun, formerly a police station, magistrate’s court and a prison compound during the British colonial era, has been turned into an arts and retail hub with hip retail stores, cafes and…

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