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CBRE announce the sale of Dublin hotel The Morrison Property, news for Ireland, Commercial Property,Property,

CBRE announce the sale of Dublin hotel The Morrison Property, news for Ireland, Commercial Property,Property,
businessworld.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.ie Daily Mail and Mail on Sunday newspapers.

Russian billionaire sells Morrison Hotel to UK-based private equity firm

Russian billionaire sells Morrison Hotel to UK-based private equity firm Dublin hotel market springs back to life with two big sales in past ten days about 3 hours ago   Zetland Capital, a London-based private equity firm, has bought the Morrison hotel in Dublin. No price was disclosed but it was reported in March that the deal was expected to be The 145-bedroom boutique hotel on Dublin’s quays was owned by Russian billionaire investor Elena Baturina, who bought it from Nama in 2012 for €22 million. This is second major Dublin hotel sale announced in past 10 days. The 157-bed Moxy Dublin City hotel, on Sackville Place just off O’Connell Street, was earlier this month sold by the Spitzer family’s Midwest Holding group for €35 million to the MHL Hotel Collection.

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