You are here

Mandarin Oriental mulls sale of HK Excelsior as part of review

Group says it is testing market interest because of strong commercial property valuations

BT_20170606_LKMANDARIN6_2920782.jpg
The property has approval for the development of a commercial building with a gross floor area of some 63,500 sqm on the site.

Singapore

MANDARIN Oriental International Limited, a member of the Jardine Matheson Group, is considering a sale of The Excelsior as part of its review of long-term options for the hotel in Hong Kong.

The hotel sits on a prime commercial water-front site in the Causeway Bay

sentifi.com

Market voices on:

Powered by GET.comGetCom