The Asia Society has purchased a historic building in Washington D.C. for US$17.5 million to serve as its new permanent home. This move aims to increase the organization's presence and influence within the Washington policy landscape, positioning it alongside other established think tanks. The new location will house its Policy Institute and China Centre, reflecting a growing focus on public policy under President Kevin Rudd. AI
RANK_REASON This is a real estate transaction for a non-profit organization, not a core AI development or release.
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