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Dublin's Trinity Capital Hotel on sale

After the sale of the Burlington and Morrison hotels, it is Trinity Capital Hotel's turn to be put on the market by its owners, brothers Liam and Des O’Dwyer.

The Dublin hotel market is interesting new investors once again, as the announcement of Trinity Capital's sale shows. According to information from the Irish Times, the 4-star establishment will be put on the market for an amount between 30 and 35 million euros.

The Trinity Capital Hotel currently belongs to brothers Liam and Des O’Dwyer, the owners of the Toji Holdings group, holder of 116 million euros in net debt that was transferred to the Nama (national agency to buy bank loans and manage assets).

The 195-room hotel could be sold to a foreign investor, as was the case for many establishments over the last few months: the Morrison Hotel was bought by a rich Russian for 22 million euros, the Burlington by Blackstone for 67 million euros and the Marker Hotel to Suisses Midwest Holdings and Brehon Capital for 30 million euros.

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