Mandarin Oriental to sell two retail units adjoining Mandarin Oriental, Paris

LONDON: Mandarin Oriental International Limited, the publicly listed parent company of Mandarin Oriental Hotel Group, has signed an option to sell its interests in two retail units adjoining the Mandarin Oriental, Paris located at 251 rue Saint-Honoré, Paris to Lavender Propco SNC, an entity controlled by Blackstone Europe LLP for €148 million. The proceeds will…