NAMA May Sell Fels Point Hotel As A Going Concern

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The Fels Point Hotel.

IT is being reported that NAMA is considering selling the Fels Point Hotel.

Bookings and jobs would not be affected as the hotel, located on the Dan Spring Road, would be sold as a going concern.

The state body says the sales of five Irish property portfolios worth around 600 million euro, which it is thought includes the Fels Point Hotel, will begin in the final quarter of the year following strong investor interest.

The Dalata Hotel Group took over the management of the hotel, previously known as the Carlton Hotel, on behalf of NAMA back in May. A spokesperson for the group says they would consider buying the property.

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