Three Dublin hotels sell to US, Irish investors for €150m
Acquisition of The Spencer, The Morgan and The Beacon is complete
CBRE Hotels and Capnua Corporate Finance, on behalf of Fitzpatrick Lifestyle Hotels and Patron Capital, has completed the sale of three lifestyle hotels in Dublin for €150 million to Lalco Hotel and Hospitality Group, US and Irish based investors. The acquisition, initially announced at the end of September, has taken two months to complete.
The three hotels in the deal include, The Spencer, The Morgan and The Beacon hotel. The Spencer comprises 169 bedrooms and...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine