London-based private equity real estate investor Deutsche Finance International has made its first investment in Ireland with a hotel and car park acquisition.
DFI has acquired the Central Hotel and Trinity Street Car Park in central Dublin in a joint venture with BCP Capital.
The Central Hotel, located on Exchequer Street, holds 70 bedrooms over floor floors, with additional retail and F&B units on the ground floor.
Trinity Street Car Park, located near the hotel, comprises 171 car-parking spaces as well as retail and office space over five floors.
Paul Nearchou, director at DFI, said: