Project Emerald - Premier Inn Dublin City Centre (O'Connell Street)_Propiedad en venta

13-15 Earl Place, Dublin, Co. DUBLIN, Dublin 1, IE

Project Emerald - Premier Inn Dublin City Centre (O'Connell Street)

Descripción

On the instructions of Whitbread Group plc, JLL has been appointed as the exclusive selling agent for the Premier Inn Dublin City Centre (O'Connell Street).

This 229- guestroom hotel investment opportunity, comprises a rare opportunity to acquire a brand new, long let and best in class Dublin City Centre hotel and Premier Inn’s flagship O’Connell Street hotel property.

We are instructed to seek offers for the subject property on a bespoke forward funding basis, with a target fixed consideration of €66.6M.

Our rental guidance reflects a net initial yield of 4.5%, after standard 9.96% Irish acquisition costs.

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Atributos

Unidades

229

Pisos

Año de construcción

2026

Floor Area

93,893 Sq Ft

BREEAM

Excellent

BER

Media

Aspectos destacados de la inversión

Prime Dublin 1 Location: 229-room Premier Inn flagship hotel just steps from O'Connell Street, surrounded by iconic landmarks including the GPO, the Spire, and major retail destinations.
Brand New & Sustainable Asset: Fully electric hotel with BREEAM Excellent and A2 BER targeted ratings, with practical completion due in Q4 2026, and construction well advanced.
Institutional Grade Tenant: Long term FRI lease with Premier Inn, guaranteed by FTSE 100 listed, Whitbread Group Plc (£5BN market cap), featuring CPI-linked rent reviews.
Attractive Returns: €3.28M proposed annual rent roll, offering attractive 4.5% net initial yield, on €66.6M target sale proceeds.
Highly Secure Investment: Freehold title with fully institutional lease terms, on full insuring and repairing basis, available via a bespoke forward funding deal structure.