Losses widen sharply at Shelbourne Hotel operator as Covid grants dry up
Operating company has until January to pay back a €9m debt to its parent, Marriott International
Kennedy Wilson
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The best news, analysis and comment from The Irish Times business desk
Have Irish hotel sale prices peaked with the Shelbourne’s €92 million profit?
Sale of Shelbourne Hotel this year netted its owner a $99m profit but questions are being asked about how the new owners can make a return on their investment
Shelbourne Hotel sale nets Kennedy Wilson $99m profit
Five-star Dublin hotel was sold to Archer Hotel Capital and details of the gain for Kennedy Wilson were included in a stock market filing in the US
Offices at The Grange in Stillorgan seeking €8m
Block forms part of wider south Dublin residential scheme now largely owned by Kennedy Wilson
Shelbourne Hotel revenue climbed 18% in year before sale
Kennedy Wilson attribute a jump in turnover ‘mainly due to the strong performance’ of the five-star hotel
South Dublin office investment at €10.25m offers buyer 8.16% yield
Block 2 at Blackrock Business Park producing rental income of €999,999 per annum from strong tenant line-up
How will the Shelbourne Hotel’s new owner recoup the near €260m price tag?
Hefty price has raised eyebrows within the hospitality industry
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Kennedy Wilson mulls sale of Shelbourne Hotel for €260m
Seen & Heard: Energy for data centres and ‘brain drain’ warning
Shelbourne operator receives €1.8m in Covid wage subsidies
Torriam, a subsidiary of Marriott International, operates the luxury hotel under licence from Kennedy Wilson
Shelbourne Hotel revenues climb as room rates top €426 per day
Kennedy Wilson’s hotel revenues jumped by more than 18% to $16.4m
Kennedy Wilson completes three residential schemes in Dublin, adding 800 apartments to portfolio
Projects are in Coopers Cross, The Grange, and Sanford Lodge, and bring Irish portfolio to more than 3,300 units
Apartments at Kennedy Wilson’s Capital Dock secure WiredScore Platinum certification
Scheme in Dublin’s south docklands features dedicated telecommunications rooms to guard against data theft
Shelbourne Hotel grows revenue by a third as visitors flock back to Dublin
Average daily room rate at Stephen’s Green establishment increased more than 20% to €389 in the first quarter
Kennedy Wilson seeks occupier at the Chase Building in Sandyford
Fourth-floor office accommodation has undergone extensive refurbishment and is available on flexible terms for €30 per square foot
Coopers Cross to use low-carbon aluminium fins to cut energy use
Sustainably manufactured fins on office block facades will reduce the need for heating and air conditioning
US banks prepare for losses in rush for commercial property exit
Lenders prepare to offload debt at a discount even when borrowers are up to date on payments
Council grants permission for seven-storey hotel overlooking Iveagh Gardens in Dublin
Charlie and Max O’Reilly Hyland get green light for development at 92 and 93 St Stephen’s Green
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Shelbourne Hotel’s strong results make you wonder why special 9% VAT rate was extended
The five-star hotel in Dublin saw its average room rate rise by 19% in euro terms last year
The baffling story of an apartment block left empty in a housing crisis
In the News podcast: Apartment block in Rialto not being used despite scale of housing crisis
Extent of fire safety defects in Herberton scheme yet to be uncovered
Rialto scheme of 39 apartments was sold by Kennedy Wilson to Dublin City Council in lieu of apartments in ‘premium’ developments
German investor in €36m deal for new hotel in Dublin’s Liberties
151-bedroom Premier Inn at Newmarket Yards is due for completion in 2023
Fire risk makes Dublin apartments offered for social housing uninhabitable, council says
Herberton scheme of 39 apartments sold by Kennedy Wilson to Dublin City Council in lieu of apartments in ‘premium’ developments
Kennedy Wilson secures three blue-chip tenants at 20 Kildare Street
Dentons, Aircastle and Davidson Kempner sign long-term leases on offices at newly refurbished scheme in heart of Dublin’s traditional business district
Kennedy Wilson secures €77m AIB green loan
Debt will fund development of 1,850 sq m mixed-use scheme in Stillorgan
Average room rates at Shelbourne Hotel on the rise
Average room rates at the five star Dublin hotel increased in the second quarter
Kennedy Wilson joint venture granted permission for Stillorgan development
Project will have more than 100 build-to-rent apartments
Cairn Homes plans 377 apartments for Stillorgan
Developer looks to move from approved student accommodation proposal to providing build to rent apartments on landmark site
Developers and dragons descend on Dublin docks in aid of Simon Community
Dragons at the Docks event aims to raise more than €300,000 to help house the homeless
Fiserv signs long-term lease on offices at Ten Hanover Quay
Global fintech and payments firm takes all seven floors at Kennedy Wilson scheme
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