Bono and Edge buy Clarence Hotel in off-market Nama deal

Bono and Edge buy Clarence Hotel in off-market Nama deal
The Clarence Hotel in Dubin's Temple Bar is understood to have been sold for less than the total debts of the company which had owned it. Bono supported the hotel financially during the downturn Bryan Meade

Agency did not invite any other bidders to tender for the prestigious asset

Nama sold Dublin’s landmark Clarence Hotel to a consortium including Bono and the Edge without inviting any other bidders to tender for the prestigious asset.

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