Blackstone Hires Knight Frank to Market Parisian Apartments

Blackstone Inc. has appointed agents to market a set of roughly 60 Parisian apartments at a mixed-use complex it bought in a €700 million ($804 million) deal late last year.

The alternative asset manager has picked Knight Frank to help scout out potential buyers for the dwellings, people familiar with the matter said, asking not to be identified discussing private information.

The apartments, which make up a small part of the primarily commercial property Blackstone owns, are expected to sell for over €100 million with the process set to launch later this year, one of the people added.

Blackstone bought ...