Mandarin Oriental Closes Sale of Hong Kong Building Floors, Declares Special Dividend

03:15 AM EST, 12/31/2025 (MT Newswires) -- Mandarin Oriental International (MDO.L) said Wednesday it completed the sale of the top 13 floors of the One Causeway Bay building in Hong Kong to Alibaba Group and Ant Group. The London-listed hotel operator will pay a special dividend of $0.60 per share from the sale proceeds on Jan. 22, 2026, to shareholders on record Jan. 9, 2026. The sale announced in October also includes the building's rooftop signage and 50 parking spaces.