Irish Property QIAIF/Three Hotels
Transaction details
The acquisition by Irish Property QIAID plc of three hotel assets, the Morgan, the Spencer and the Beacon, from Allengage Developments Limited, Aston Quay Property Limited, Riverfront Hotels Limited and Okinawa Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:29 September 2016
- Publication date:29 September 2016
- Economic sector:Accommodation & food service - I
- Economic sub-sector:Accommodation - I.55
- Outcome:Cleared
Documents
M.16.048 Merger AnnouncementPDF | 107 KBM.16.048 Merger Announcement PDF | 107 KB - Opens in new window
M.16.048 DeterminationPDF | 161 KBM.16.048 Determination PDF | 161 KB - Opens in new window
Timetable
Parties Involved
Irish Property QIAIF plc
Irish Property QIAIF plc is an Irish-domiciled fund wholly-owned by Irish Holdings II LLC ("Irish Holdings"). Irish Holdings invests in Irish Property. It controls a number of Irish hotels.
Allengage Developments Limited
Allengage Developments Limited is a property company and owns the Morgan Hotel Dublin.
Aston Quay Property Limited
Aston Quay Property Limited manages and operates the Morgan Hotel Dublin.
Riverfront Hotels Limited
Riverfront Hotel Limited owns, manages and operates the Spencer Hotel Dublin.
Okinawa Limited
Okinawa Limited owns the assets that make up the Beacon Hotel Dublin and also manages and operates the Hotel.
Contacts
