Commercial property

Aviva Investors acquires Dublin city centre hotel building

The property is scheduled for completion at the end of this year, and has been pre-let to Premier Inn under a long-term lease

Aviva has acquired its first hotel building in Dublin: pre-let to Premier Inn, the building in Dublin docklands is scheduled for completion at the end of this year

Aviva Investors, the global asset management business of Aviva plc, has acquired a hotel building currently under construction in the heart of Dublin city on behalf of its European real estate long income (E-Reli) fund.

The property, which is scheduled for completion at the end of 2022, occupies a prominent corner site position at the junction of Gloucester Street and Princes Street South in Dublin 2.

The building has been pre-let to Premier Inn under ...