Investors new to Irish hotels have grabbed Dublin’s major big ticket items this year. The Marker, Conrad, Portmarnock and Central hotels were all first time purchases for new entrants, reports JLL in the Irish Times.
The sale of the Marker achieved a new high for the Irish capital, of over EUR700k per key. JLL predicts further interest from Canadian investors, who have already ploughed EUR12bn into European real estate since 2017.
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