Tetrarch Capital's acquisition of Howth Castle and Demesne
On 28 May 2019 Tetrarch Capital completed its acquisition of Howth Castle and Demesne from the Estate’s long-term owners, the Gaisford-St Lawrence family.
Tetrarch is now working on a masterplan for the entire Demesne, which is likely to include, amongst other elements, plans for a luxury hotel on the site of the existing Deer Park Hotel building, a championship golf course on lands currently occupied by the Deer Park Golf Courses, a new leisure centre, retail elements and significant sports and recreational amenities and facilities, all with strong access and linkages to Howth Village.
Howth Castle & Demesne had been owned by the Gaisford-St Lawrence family for over 840 years. In addition to the stunning Howth Castle, the land encompasses over 530 acres of walled gardens, parkland, woodland, and world-renowned Rhododendron Gardens. The Estate has sweeping views over Dublin Bay, Howth Harbour, the Irish Sea, and Ireland’s Eye - which has been included within the sale. Tetrarch are committed to retaining the natural beauty of the entire estate.
All staff currently working at Howth Castle & Desmesne will continue to be employed under Tetrarch’s ownership of the Estate in accordance with their existing terms and conditions.
ENDS
For further information please contact:
· Tetrarch: Doug Keatinge, Murray, +353-1-4980379 / +353-86-0374163, dkeatinge@murraygroup.ie
· Gaisford-St Lawrence family: Paul Griffin, ReputationInc, +353-1-4120517 / +353-87-6674305, pgriffin@reputation-inc.com