International investors see long-term value in Dublin pub market

France Nouvelles Nouvelles

International investors see long-term value in Dublin pub market
France Dernières Nouvelles,France Actualités

A total of 27 pubs with a capital value of just over €91m have been sold in Dublin so far this year

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That acquisition by Attestor Capital was preceded by their acquisition in December 2021 of Camden Palace, Camden Street and Lundy Foots, Temple Bar from publican Ross Murray for a rumoured price of about €27 million.

Other notable sales to conclude during the first half of 2022 involved the popular Ashton’s, Clonskeagh for more than €3 million and Lamb Doyle’s, Sandyford for a price in the region of €2.2 million. While activity in the second half of the year slowed considerably, the remaining two pubs in the Quinn Hospitality portfolio – JW Sweetman, Burgh Quay and The Barge, Charlemont Street – were offered for sale in the autumn, with JW Sweetman purchased for more than €5 million while The Barge, at the “contract-signed, awaiting-closing stage”, achieved just below the guide price of €3.7 million.

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France Dernières Nouvelles, France Actualités



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