€119m deal spells end for landmark hotel
The deal means Mr Dunne, who recently scooped the site of the Jurys Ballsbridge hotel next door for €260m, has spent almost €380m on just seven acres of prime development land adjacent to Lansdowne Road in Dublin’s Ballsbridge.
The Jurys Doyle hotel group, which owned both sites, said it would continue to operate the Berkeley Court until late 2007. Mr Dunne is expected to close the hotel and clear the site to make way for large-scale residential development.
