Boardroom Briefing
✽ Hotels group Dalata has conditionally agreed to acquire the operating interest of the Double Tree by Hilton Hotel, formerly the Burlington Hotel in Dublin 4, for €2.5 million.
Deka Immobilien is to buy the freehold interest of the property. Dalata will have a 25-year operating lease, subject to certain conditions, including periodic rent reviews. The deal is expected to be completed in November. Under the deal, the hotel will be rebranded as a Clayton hotel.
The...
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