Apollo, Dalata among €200m Nadal portfolio buyers

A number of international private equity giants and Irish hotel fund Dalata have snapped up portions of the Euro 200 million Project Nadal hotel portfolio.

12th October, 2014

A number of international private equity giants and Irish hotel fund Dalata have snapped up portions of the €200 million Project Nadal hotel portfolio.

US fund giant Apollo and finance firm Goldman Sachs are understood to be buying parts of the hotel portfolio, while listed hotel fund Dalata and a number of other industry bidders and Ulster Bank borrowers are also set to buy up sections of the loan sale.

Ulster Bank is selling the...

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