• Irish portfolio up for grabs

A portfolio of seven Irish hotels has been put up for sale, with a EUR35m price tag. The seven, which include the Metropole in Cork and Maldron in Wexford are being offered individually or as a single purchase.

Agent CBRE says the portfolio is being sold on behalf of receivers and owners, with the hotels offering a total of 835 bedrooms. Last year saw more than EUR340m of Irish hotel sales, and transaction volumes in 2015 likely to be higher.

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