Eir-owner Xavier Niel buys Paris mansion for €200m

The transaction is one of the largest ever deals for a private property in the city

French billionaire Xavier Niel, who controls telecoms firm Eir in Ireland, has bought Hotel Lambert in central Paris. 

French billionaire Xavier Niel who controls telecoms firm Eir in Ireland has bought Hotel Lambert, a mansion in central Paris owned by Prince Abdullah bin Khalifa al-Thani, for over €200m. 

The transaction is one of the largest ever deals for a private property in Paris, beating the €100m paid for the Hotel de Soyecourt in 2011.