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Marker Hotel Sale

German global real estate investment group Deka Immobilien has closed on a deal to acquire Dublin’s five-star Marker Hotel for about €130 million.

In 2016, the German fund made its first foray into the Dublin hotel market, paying US private equity giant Blackstone €182 million to secure ownership of the former Burlington Hotel in Dublin 4.

Located at Grand Canal Dock, the Marker Hotel comprises 187 guest bedrooms. In terms of amenities, the hotel’s current offering includes the Brasserie and Marker Bar, luxurious spa facilities, the Marker Rooftop Bar & Terrace and extensive conference and banqueting rooms.