Chartered Land poised to buy Ballsbridge Hotel site

Property developer Chartered Land is poised to buy what was once the most expensive land plot sold in Ireland.

The company, founded by investor Joe O’Reilly, is leading the second round of bids for the site of the Ballsbridge Hotel, with backing from a Middle Eastern investor, said sources, who asked not to be named because the matter is private.

The site of almost seven acres in the Ballsbridge embassy district has drawn offers of about €155m, it has been reported.