CBRE confirm first major Dublin City Centre Hotel sale in 2021
Written by Robert McHugh, on 7th May 2021. Posted in Property
Global real estate advisor, CBRE has confirmed that following an off-market process, Midwest Holding AG has sold The Moxy Dublin City to The MHL Hotel Collection for a price in the region of €35m.
The hotel benefits from its association with Marriott Worldwide being branded as the Moxy Hotel and the first Moxy in Ireland. Whilst this was an off-market sale, the process attracted strong interest from a significant number of established domestic and international property investors, hotel funds, and private equity companies. CBRE says the process highlights that the level of international interest remains robust for Dublin as an attractive location for hotel investment.