The Temple Bar Hotel in Dublin city centre has been sold to a Singapore-listed real estate company for €55.1m.
The off-market transaction which was handled by agents JLL, was announced in a statement to the Singapore stock exchange this morning by the hotel’s purchasers, the Ascott Limited.
The deal represents something of a coup for JLL, coming as it does within days of the firm’s brokering of the sale of the 26-bedroom Trinity Lodge, also in Dublin city centre, for over €7m to another Singapore-headquartered hotel group, Unlisted Collection.
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