Hotel stock worth €650 million sold already this year

Total of 54 hotels change hands in first nine months

30th September, 2015

A total of 54 hotel properties, totalling almost €650 million, sold in Ireland during the nine-month period to the end of September, according to property consultants CBRE Ireland.

“Following an extremely busy first half to the year in which 39 hotel properties (totalling €575 million) changed hands in the Irish market, transactional activity has remained strong in Q3 with a further 15 hotel sales totalling €74.7 million concluding in the last three month period,” Lisa Keogh...

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