Russian billionaire sells Morrison Hotel to UK-based private equity firm
Russian billionaire sells Morrison Hotel to UK-based private equity firm Dublin hotel market springs back to life with two big sales in past ten days about 3 hours ago Zetland Capital, a London-based private equity firm, has bought the Morrison hotel in Dublin. No price was disclosed but it was reported in March that the deal was expected to be The 145-bedroom boutique hotel on Dublin’s quays was owned by Russian billionaire investor Elena Baturina, who bought it from Nama in 2012 for €22 million. This is second major Dublin hotel sale announced in past 10 days. The 157-bed Moxy Dubl...
Source: irishtimes.com