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Europe Hotel Transactions Bulletin - Week Ending 19 February 2021

Europe Hotel Transactions Bulletin - Week Ending 19 February 2021 share this article Advertisements APG and Singaporean sovereign wealth fund GIC have agreed to acquire the 200-room Madrid Edition for a reported €205 million (~€1 million per room). The forward sale was brokered by HVS Hodges Ward Elliott. Upon completion, the luxury lifestyle property will be the fourth Edition hotel in Europe, following London, Bodrum, and Barcelona. Institutional investors KKH Capital Property and US-based Perella Weinberg Partners originally acquired the 25,000 m 2 site from Fundacion Montemadrid back in December of 2016 for a reported €80 million. At the time, the JV planned to convert the then office space into a 180-room hotel at a purchase value of €444,000 per room.

US embassy submits rezoning plan for Jurys Hotel

US embassy submits rezoning plan for Jurys Hotel Current building ‘does not conform to new construction and security requirements’ Mon, Feb 8, 2021, 19:27 The US government is understood to have agreed to buy the former Jurys Hotel from Joe O’Reilly’s Chartered Land. Photograph: David Sleator The current American embassy in Ballsbridge, Dublin. Photograph: Cyril Byrne Previous Image   The US embassy has applied to Dublin City Council to rezone the old Jurys Hotel in Ballsbridge for a new embassy building. The US government is understood to have agreed to buy what is now the Ballsbridge Hotel from developer Joe O’Reilly’s Chartered Land. However, the move requires a change in the city development plan from the current residential zoning to enterprise and employment use.

Mike spinning Christmas joy

Mike spinning Christmas joy
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Mullingar girl presenting on Christmas FM | Westmeath Examiner

Mullingar girl presenting on Christmas FM | Westmeath Examiner
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