Deutsche Finance International and BCP Capital acquired the Central Hotel on Dublin's Exchequer Street in July 2019 from the Gerry Conlon-led Bridlewood Family Trust, with financial terms undisclosed. The property had been marketed in October 2018 for €40m and contained 70 rooms across four floors. Buyers planned a refurbishment to add rooms and enhance food and beverage offerings. In 2022 the investors struck a long-term deal with Ennismore to operate the hotel as Ireland's first Hoxton, restoring the Library Bar and expanding the property to 129 bedrooms. Hoxton targets young professionals with modern, premium design and operates globally.
Multiple industry sources said agents JLL and Eastdil had been approached by private-equity giant Deutsche Finance International and property investor BCP Capital about putting the historic site on the market. One source said the property agents plan to put the hotel on the market for around €100m. The site is being renovated as a Hoxton hotel brand, due to open later this year.First opened in 1887, the Central Hotel on Dublin's Exchequer Street was considered one of the capital's best-known hotels.
In July 2019, Deutsche Finance International, in a joint venture with BCP Capital, acquired the Central Hotel. The Gerry Conlon-led Bridlewood Family Trust previously owned it. Financial details of the acquisition were never disclosed. However, the property had been put on the market in October 2018 for €40m. At the time, it had 70 rooms across four floors. Deutsche Finance and BCP Capital planned to refurbish the building, adding rooms and improving its food and drinks offering.
In 2022, Deutsche Finance and BCP agreed a long-term deal with hospitality group Ennismore to operate the hotel as the country's first Hoxton hotel. The plan would see the hotel renovated and restored, including its famous Library Bar, and extended to 129 bedrooms. Hoxton hotels are known for their modern, premium design and are largely focused on young professionals. The brand already operates across several locations globally, including in London, Paris, Edinburgh, Amsterdam, Barcelona, Rome, Chicago, New York, Portland and Los Angeles.
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