Mandarin Oriental To Manage Luxury Residences In Barcelona
Hong Kong -- Mandarin Oriental Hotel Group has announced an agreement to brand and manage 34 luxurious Residences by Mandarin Oriental, Barcelona housed in a 20-storey tower, with a prime location at the intersection of Passeig de Gràcia and Avinguda Diagonal. The Residences are scheduled for completion in 2020.
The central location of The Residences will provide owners with easy access to the city's leisure, business and cultural attractions and is a short walk to Mandarin Oriental, Barcelona. Passeig de Gràcia is considered the city's most exclusive retail street and is also home to some of Barcelona's celebrated architecture, including two of Gaudi's works: Casa Milà and Casa Batlló. The street leads directly to the city's famousOld Town and Gothic Quarter, while Avinguda Diagonal is one of the most prestigious avenues in the heart of the city's central business district.
The project is a redevelopment of an existing office building, which is owned by KKH Property Investors: a joint venture partnership between KKH Capital Group and Perella Weinberg Real Estate Fund II LP, advised by Aermont Capital LLP. Barcelona-based architect OAB, which is the studio of eminent Catalan architect, Carlos Ferrater, has been appointed as lead architect and the interior design is being created by London based MUZA Lab.
Mandarin Oriental Hotel Group
Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences. Having grown from its Asian roots into a global brand, the Group now operates 31 hotels and eight residences in 21 countries and territories, with each property reflecting the Group's oriental heritage and unique sense of place. Mandarin Oriental has a strong pipeline of hotels and residences under development, and is a member of the Jardine Matheson Group.
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