CBRE Hotels has been appointed to sell a portfolio of seven high-profile hotels located throughout Ireland, known as the Crystal Collection.
CBRE Hotels has been appointed to sell a portfolio of seven high-profile hotels located throughout Ireland, known as the Crystal Collection.
The hotel assets are expected to fetch over €35 mln and will be marketed both individually and as a portfolio.
The hotels represent a total of 835 bedrooms and include the Metropole hotel in MacCurtain Street, Cork; The Maldron Hotel in Wexford; South Court hotel in Raheen, Co. Limerick; The Killeshin Hotel in Portlaoise, Co. Laois; the Fels Point Hotel in Tralee, Co. Kerry and Johnstown House hotel in Enfield, Co. Meath.
The portfolio is being offered for sale on the instructions of various receivers and owners of the individual hotels, according to John Hughes of CBRE Hotels.