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Case Study

Track Record – Portmarnock Hotel & Golf Links

portmarnock hotel and golf links
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​​​​​Year Sold: 2014
Star Rating:​4 Star
Asset/Portfolio:​138 Key Hot​​el & Golf Resort
Seller:NAMA & Mazars
Buyer:Kennedy Wilson
Price : €29.8 million
Yield:Sub 6%


​In March 2014, JLL were appointed to sell the 4 star Portmarnock Hotel & Golf Links in North Co. Dublin, on behalf of NAMA and Mazars as receiver. 

We managed an efficient, swift and comprehensive sales campaign (8 weeks from official marketing launch to exclusivity), attracting multiple offers from domestic and international bidders, which maximized competitive tension and price.

The sales price of €29.8m represented a premium of 49% to the initial guide price of €20.0m, and it equated to a price per key of over €215k. 

The price achieved is one of the strongest prices paid for any Dublin hotel in recent years.

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