Sale of Tower Hotel, Waterford by FBD Hotels and Resorts to Neville Hotels

 

Sale of Tower Hotel, Waterford by FBD Hotels and Resorts to Neville Hotels

The sale of the Tower Hotel, Waterford to Neville Hotels was concluded in November 2016.

The sale realised a a gain of €1.6m. The net proceeds from the sale were used to pay down some debt, finance the 46 bedroom extension to our Castleknock Hotel, and fund the acquisition of certain development plots at La Cala Resort. 

Please click here for additional details relating to the sale. 

 

 

 

 

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