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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. ....
Updated / Friday, 7 May 2021 08:56 The Moxy Dublin will be The MHL Hotel Collection s third Marriot branded hotel CBRE has confirmed that following an off-market process, Midwest Holding has sold The Moxy Dublin City Hotel to The MHL Hotel Collection for about €35m. CBRE said that while this was an off-market sale, it attracted strong interest from a significant number of established domestic and international property investors, hotel funds and private equity companies. The estate agents also said the sale highlighted the fact that the level of international interest remains robust for Dublin as an attractive location for hotel investment. The Moxy Dublin City, which opened in October 2019, has 157 bedrooms as well as bar and restaurant space on the ground floor. ....