Eire: Actual property funding agency CBRE has launched the sale of the Worldwide Lodge Killarney with a information value of €18–20 million (£15.5-17.3 million).
CBRE mentioned the providing is exceptionally uncommon, because it has been practically a decade since a serious Killarney resort has come to market.
The Worldwide Lodge has been within the fingers of the Coyne household since 1976. The property contains 98 bedrooms and suites alongside Hannigan’s Bar and Restaurant and several other occasion and lounge areas.
It’s positioned within the city centre, near Killarney Nationwide Park, the Ring of Kerry, and the Wild Atlantic Approach.
The property is obtainable freed from branding ties, offering flexibility for potential consumers to keep up its impartial id or pursue a repositioning technique.
Paul Collins, head of resort, Eire at CBRE, mentioned: “The Worldwide combines scale, prime location, and buying and selling power, in a vacation spot the place resort gross sales of this calibre are exceptionally scarce. We count on robust curiosity from each home and worldwide consumers.”
Tracy Coyne, managing director of the Worldwide Lodge, mentioned: “For 50 years now we have thought of ourselves caretakers of this magnificent resort. The time has come to move the mantle to new homeowners who will proceed to guard its heritage whereas driving its success into the long run.”
Highlights:
• CBRE has launched the sale of Worldwide Lodge Killarney with a value of £15.5 – 17.3 million.
• The Worldwide Lodge Killarney has been owned by the Coyne household since 1976.
• It options 98 rooms, a bar, restaurant, and occasion areas.
• The property is obtainable with out branding restrictions.
