Mandarin Oriental confirms talks to sell top floors of One Causeway Bay

Mandarin Oriental confirms talks to sell top floors of One Causeway Bay

The hotel operator says it is discussing a potential sale of the prime space in the site formerly occupied by The Excelsior.

Mandarin Oriental in talks to sell part of One Causeway Bay in Hong Kong to Alibaba: Report

The deal is worth about HK$7 billion (S$1.16 billion), the report said. Read more at straitstimes.com.

Mandarin Oriental To Sell Top Floors Of Its One Causeway Bay With Alibaba As Speculated Buyer

Mandarin Oriental is looking to sell the top 13 floors of One Causeway Bay, totalling 270,000 sq ft.  Hong Kong’s hotelier Mandarin Oriental International said it is considering selling a portion of its prime mixed-use building, One Causeway Bay, situated in one of the city’s retail and business hubs. With 43 assets across the world, the company has maintained ambiguity about the likelihood of this potential sale and what the terms of this impen…

Alibaba in Talks to Buy Half of Mandarin Oriental Hong Kong Tower - Mingtiandi

Alibaba Group is in talks to buy the top 13 floors of the Mandarin Oriental Hotel Group’s soon to be completed Causeway Bay commercial tower in a HK$7 billion ($900 million) deal which would rank as Hong Kong’s largest of... Read More>> The post Alibaba in Talks to Buy Top Half of Mandarin Oriental Causeway Bay Tower for $900M appeared first on Mingtiandi.