Tuesday November 24, 2020

Aparthotel sector is building momentum

Demand from our large under-25 population, self-catering tourists and the corporate sector has increased investor interest in alternative property developments, writes Donal Buckley

27th January, 2019
5
A computer-generated image of planned apartments for Harrow Road in London

Aparthotel activity is gathering momentum as it attracts new investors and developers into a sector of the market which could be described as either hospitality or residential.

Last week, global asset manager DWS, part of Deutsche Bank, announced the purchase of the Tivoli Theatre site on Francis Street in Dublin 8 in conjunction with Irish-owned serviced apartment group Staycity. It plans to start work next month on a 242-bed Staycity aparthotel with restaurants, retail and...

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