Updated / Friday, 7 May 2021
08:56
The Moxy Dublin will be The MHL Hotel Collection s third Marriot branded hotel
CBRE has confirmed that following an off-market process, Midwest Holding has sold The Moxy Dublin City Hotel to The MHL Hotel Collection for about €35m.
CBRE said that while this was an off-market sale, it attracted strong interest from a significant number of established domestic and international property investors, hotel funds and private equity companies.
The estate agents also said the sale highlighted the fact that the level of international interest remains robust for Dublin as an attractive location for hotel investment.
The Moxy Dublin City, which opened in October 2019, has 157 bedrooms as well as bar and restaurant space on the ground floor.