Global Edition

Sale Announcement – Portmarnock Hotel & Golf Links, Dublin

12.05pm 23rd October 2019 - Property

On behalf of Kennedy Wilson, JLL the exclusive selling agent appointed in May, announce the successful sale completion of Portmarnock Hotel & Golf Links, the luxury hotel and 18-hole championship links golf course, designed by two-time Masters Champion Bernhard Langer.

Forming a rare approx. 160-acre beachfront location, the 134-guestroom hotel is a prime Dublin resort, which has recently undergone a full refurbishment of all areas including all its guestrooms, a new award-winning Spa, an enhanced golf experience and fully upgraded conferencing and banqueting suite.

The resort was sold off a guide price of €50 million. The purchaser, the Canadian hotel owner Northland Properties Group, operates hotels in Canada, the United States and the UK.

The Seller, Kennedy Wilson, was advised by JLL and Mason Hayes Curran.

Dan O’Connor, Executive Vice President, JLL commented: “We are delighted to once again be involved in the successful sale of this unique Dublin golf resort. The sale attracted a wide range of domestic and international interest and its completion is a significant vote of confidence in the Irish golf and hotel market.

“We wish the new owner, Northland Properties, and the hotel management team, every success in the future.”

Portmarnock Hotel & Golf Links https://www.portmarnock.com/

JLL https://www.jll.ie/

       

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