Brehon Capital eyes up Co Clare luxury golf resort

Brehon Capital Partners, the low-profile owner of the Marker and Powerscourt Hotels, is considering acquiring Doonbeg Lodge, the luxury hotel and golf resort in Co Clare that is currently in receivership.

Ian Kehoe - avatar

Ian Kehoe

26th January, 2014
Doonbeg Lodge was built at a cost of more than €70 million, but is currently in receivership

Brehon Capital Partners, the low-profile owner of the Marker and Powerscourt Hotels, is considering acquiring Doonbeg Lodge, the luxury hotel and golf resort in Co Clare that is currently in receivership.

The Dublin-based property investor has sought information from its receiver, Dublin accountancy firm Ernst & Young.

Doonbeg was built at a cost of more than €70 million, but a potential buyer will expect a significant haircut on that figure. The financial structure of the...

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