A cross-departmental team at Matheson recently advised BlackRock, global investment manager, on the sale of Jacobs Inn Dublin to Spanish investment manager, Azora. Matheson is delighted to support BlackRock on this sale, having advised on its acquisition of the 412 bed Dublin hostel in 2020. The sale of the Dublin hostel formed part of a wider transaction which also included the sale of Jacobs Inn Barcelona to Azora.
Commercial Real Estate partner Cillian O’Boyle commented: "We are delighted to continue to work with BlackRock and to have assisted them on the sale of Jacobs Inn Dublin. This deal demonstrates the strength and continued growth of the Irish hospitality market in recent years.“
The
Matheson team was led by partners Cillian O'Boyle (Commercial Real Estate),
Brian McCloskey (Corporate M&A), Robert Maloney-Derham (Corporate M&A),
Finnbahr Boyle (Finance and Capital Markets), Vahan Tchrakian (Tax); and senior
associates Ciara Finnan (Corporate M&A), Emily Mitchell (Commercial Real
Estate) and Chloe Power (Tax).
