Sunday, November 7, 2010

Overseas buyer sought for Four Seasons

The Ballsbridge hotel is expected to sell for around €30 million, writes JACK FAGAN
THE CBRE property consultancy handling the sale of the Four Seasons Hotel in Ballsbridge, Dublin 4, is targeting hotel investment funds in Europe and the US as well as overseas owners of luxury hotels.
It is thought highly unlikely that an Irish buyer can be found because of the economic downturn and the banking crisis.
Although no guide price is being quoted at this stage for the five-star, 197-bedroom hotel, market sources suggest that the owners would be happy to sell the property for around €30 million.

Read More:

0 comments:

Post a Comment