European investor Archer Hotel Capital buys Dublin's Shelbourne Hotel for €260m from Kennedy Wilson.

European investor Archer Hotel Capital has bought Dublin's landmark Shelbourne Hotel for an estimated €260m. The five-star hotel, located on St Stephen's Green, was previously owned by US group Kennedy Wilson. Archer Hotel Capital is jointly owned by affiliates of Netherlands-based APG Asset Management and Singapore's sovereign GIC wealth fund, and also owns the nearby five-star Conrad Hotel.

March 29, 2024
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