Premier Inn is purchased by Kirkland Investments for €11m

Three-star hotel at Airside Business Park exceeds guide price by €1.4m

Premier Inn at Airside Business Park exceeded guide price

Premier Inn at Airside Business Park exceeded guide price

 

Kirkland Investments, based in Adare, Co Limerick, have emerged as the purchasers of the Premier Inn, a 155-bedroom three-star hotel at Airside Business Park beside Dublin Airport. The purchase price was €11 million, €1.4 million above the guide price quoted by agents CBRE. Last October, Kirkland paid €18.54 million for the 94-bedroom Savoy Hotel in Limerick city, along with 84 adjoining apartments and six shops.