Kennedy Wilson

Losses widen sharply at Shelbourne Hotel operator as Covid grants dry up

Operating company has until January to pay back a €9m debt to its parent, Marriott International

Thu Oct 31 2024 - 05:00

Workday selects College Square development for new European headquarter office

Pat Crean’s Marlet Property Group clinches deal with US technology giant for landmark Dublin city centre scheme

Tue Aug 27 2024 - 10:58

Dublin office vacancies yet to peak with more space due for completion in 2024

Vacancy rate hit 15.9% in the second quarter, says Knight Frank

Mon Jul 29 2024 - 09:44

In an age of social media and deepfake, broadcasting bans prior to polling day should go

The best news, analysis and comment from The Irish Times business desk

Tue May 14 2024 - 06:35

Have Irish hotel sale prices peaked with the Shelbourne’s €92 million profit?

Sale of Shelbourne Hotel this year netted its owner a $99m profit but questions are being asked about how the new owners can make a return on their investment

Tue May 14 2024 - 06:00

Shelbourne Hotel sale nets Kennedy Wilson $99m profit

Five-star Dublin hotel was sold to Archer Hotel Capital and details of the gain for Kennedy Wilson were included in a stock market filing in the US

Sat May 11 2024 - 06:00

Offices at The Grange in Stillorgan seeking €8m

Block forms part of wider south Dublin residential scheme now largely owned by Kennedy Wilson

Wed May 01 2024 - 05:55

Shelbourne Hotel revenue climbed 18% in year before sale

Kennedy Wilson attribute a jump in turnover ‘mainly due to the strong performance’ of the five-star hotel

Fri Apr 26 2024 - 17:13

South Dublin office investment at €10.25m offers buyer 8.16% yield

Block 2 at Blackrock Business Park producing rental income of €999,999 per annum from strong tenant line-up

Wed Apr 10 2024 - 05:50

How will the Shelbourne Hotel’s new owner recoup the near €260m price tag?

Hefty price has raised eyebrows within the hospitality industry

Sat Mar 30 2024 - 06:00

Ireland’s hotels come roaring back, with a little help from Taylor Swift and Bruce Springsteen

The Taylor Swift effect this summer is just one in a series of big events that is boosting room rates

Fri Feb 09 2024 - 06:00

Kennedy Wilson mulls sale of Shelbourne Hotel for €260m

Seen & Heard: Energy for data centres and ‘brain drain’ warning

Sun Dec 03 2023 - 11:51

Shelbourne operator receives €1.8m in Covid wage subsidies

Torriam, a subsidiary of Marriott International, operates the luxury hotel under licence from Kennedy Wilson

Tue Nov 14 2023 - 14:20

Shelbourne Hotel revenues climb as room rates top €426 per day

Kennedy Wilson’s hotel revenues jumped by more than 18% to $16.4m

Thu Nov 02 2023 - 16:03

Kennedy Wilson completes three residential schemes in Dublin, adding 800 apartments to portfolio

Projects are in Coopers Cross, The Grange, and Sanford Lodge, and bring Irish portfolio to more than 3,300 units

Mon Sept 11 2023 - 18:45

Apartments at Kennedy Wilson’s Capital Dock secure WiredScore Platinum certification

Scheme in Dublin’s south docklands features dedicated telecommunications rooms to guard against data theft

Wed Aug 30 2023 - 05:40

Shelbourne Hotel grows revenue by a third as visitors flock back to Dublin

Average daily room rate at Stephen’s Green establishment increased more than 20% to €389 in the first quarter

Fri Aug 04 2023 - 15:29

Kennedy Wilson seeks occupier at the Chase Building in Sandyford

Fourth-floor office accommodation has undergone extensive refurbishment and is available on flexible terms for €30 per square foot

Wed Jun 21 2023 - 05:35

Coopers Cross to use low-carbon aluminium fins to cut energy use

Sustainably manufactured fins on office block facades will reduce the need for heating and air conditioning

Wed Jun 07 2023 - 05:50

US banks prepare for losses in rush for commercial property exit

Lenders prepare to offload debt at a discount even when borrowers are up to date on payments

Mon Jun 05 2023 - 13:33

Council grants permission for seven-storey hotel overlooking Iveagh Gardens in Dublin

Charlie and Max O’Reilly Hyland get green light for development at 92 and 93 St Stephen’s Green

Fri May 26 2023 - 18:03

Ireland’s housing crisis facts and figures: All you need to know

Regardless of where you stand in the housing market, here is a comprehensive breakdown of the facts and figures

Thu Mar 23 2023 - 18:49

Shelbourne Hotel’s strong results make you wonder why special 9% VAT rate was extended

The five-star hotel in Dublin saw its average room rate rise by 19% in euro terms last year

Thu Feb 23 2023 - 05:30

The baffling story of an apartment block left empty in a housing crisis

In the News podcast: Apartment block in Rialto not being used despite scale of housing crisis

Fri Dec 16 2022 - 05:00

Extent of fire safety defects in Herberton scheme yet to be uncovered

Rialto scheme of 39 apartments was sold by Kennedy Wilson to Dublin City Council in lieu of apartments in ‘premium’ developments

Wed Dec 14 2022 - 21:41

German investor in €36m deal for new hotel in Dublin’s Liberties

151-bedroom Premier Inn at Newmarket Yards is due for completion in 2023

Wed Dec 14 2022 - 11:56

Fire risk makes Dublin apartments offered for social housing uninhabitable, council says

Herberton scheme of 39 apartments sold by Kennedy Wilson to Dublin City Council in lieu of apartments in ‘premium’ developments

Wed Dec 14 2022 - 05:00

Kennedy Wilson secures three blue-chip tenants at 20 Kildare Street

Dentons, Aircastle and Davidson Kempner sign long-term leases on offices at newly refurbished scheme in heart of Dublin’s traditional business district

Wed Oct 19 2022 - 05:30