Hedge Funds & Alternative Investments
Property & Real Estate
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Sale of former Burlington to German bank secures its future as a landmark hotel
Acquired by Blackstone for €67m in 2012, the Ballsbridge hotel, which now trades as the DoubleTree by Hilton, is expected to sell for around €180m once a deal is concluded. Having invested approximately €20m in the refurbishment of the hotel, Blackstone stands to almost double its money. A part of…
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