The hotels group backed by Virgin Media owner John Malone has paid around €50m for the five-star Powerscourt Hotel in Wicklow.
The firm behind the luxury Killashee House Hotel and Spa made a pre-tax profit of €4.3 million in 2014, newly filed accounts for holding company Craigfort Taverns show.
One of Rosanna Davison’s three wedding bashes in summer 2014 contributed to the luxury five-star Powerscourt hotel and spa at Enniskerry, Co Wicklow, recording earnings of €700,000 last year.
More than 750 Nama apartments have been sold to an Irish investment trust for €211m — topping the guide price by €51m.
Brehon Capital Partners and Midwest Holding have agreed a deal to buy the four-star Killashee House Hotel in Kildare for €13m.
Irish Residential Property REIT (I.RES) has bought an apartment block in the Grand Canal Dock area of Dublin for €50.1m from Brehon Capital Partners and Midwest Holding.
A mixed-use development in Dublin’s Docklands — currently producing an annual gross rental income of over €2m — has been put up for sale for €40m; with its sellers confident of attracting “unprecedented” demand.
SOME of Dublin’s very best apartments come for sale with week in the Marker Grand Canal Dock Scheme, valued at c €40 million, or over €400,000 per apartment.
The zombie hotels dotted across the landscape are beginning to revive or die.
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