Menu
11/05/2015
Hastings Hotels Group Buys Windsor House
The Hastings Hotels Group has bought Ireland's tallest commercial building, Windsor House, for a reported £6.5 million.
The group already owns the Europa Hotel, Culloden Estate and Spa and the Slieve Donard.
The building is 80m tall and covers approximately 122,557 sq ft set over 23 floors.
Gavin Elliott of CBRE said: "Windsor House was been traded a number of times over the last ten years with each landlord having proposed a variety of schemes for redevelopment. It has, however, only recently been viable for a full redevelopment to take place as the building nears complete vacancy.
"This purchase presents a huge opportunity for Belfast in particular with strong demand for hotel and leisure space in the city centre.
"Windsor House offers a large amount of accommodation in a core location, which is well positioned to take full advantage of this urgent surge in demand within the hotel and leisure sector."
(CD)
The group already owns the Europa Hotel, Culloden Estate and Spa and the Slieve Donard.
The building is 80m tall and covers approximately 122,557 sq ft set over 23 floors.
Gavin Elliott of CBRE said: "Windsor House was been traded a number of times over the last ten years with each landlord having proposed a variety of schemes for redevelopment. It has, however, only recently been viable for a full redevelopment to take place as the building nears complete vacancy.
"This purchase presents a huge opportunity for Belfast in particular with strong demand for hotel and leisure space in the city centre.
"Windsor House offers a large amount of accommodation in a core location, which is well positioned to take full advantage of this urgent surge in demand within the hotel and leisure sector."
(CD)
Related Northern Ireland News Stories
Click here for the latest headlines.
20 November 2024
Pharmacist Sentenced For Drug Offences
A 27-year-old pharmacist from Belfast has been sentenced to 180 hours of community service for unlawfully possessing and stealing controlled prescription drugs. Adam Hanna pleaded guilty to charges under the Misuse of Drugs Act 1971 and the Theft Act 1969. The offences took place at a North Belfast pharmacy between January and March 2024.
Pharmacist Sentenced For Drug Offences
A 27-year-old pharmacist from Belfast has been sentenced to 180 hours of community service for unlawfully possessing and stealing controlled prescription drugs. Adam Hanna pleaded guilty to charges under the Misuse of Drugs Act 1971 and the Theft Act 1969. The offences took place at a North Belfast pharmacy between January and March 2024.
14 April 2011
Laura Marling Headlines Open House Festival
The organisers of the Open House Festival have announced that Laura Marling, Brits and NME award-winning English folk artist, is to headline the Custom House Square gig on Friday 24th June.
Laura Marling Headlines Open House Festival
The organisers of the Open House Festival have announced that Laura Marling, Brits and NME award-winning English folk artist, is to headline the Custom House Square gig on Friday 24th June.
24 July 2006
NI house prices could rise by 30%
House prices in Northern Ireland could face a 30% increase over the next year, according to residential land specialists O’Connor Kennedy Turtle (OKT). The prediction follows a series of major sales of residential development property at auction – all of which underscores market data emerging from industry sources.
NI house prices could rise by 30%
House prices in Northern Ireland could face a 30% increase over the next year, according to residential land specialists O’Connor Kennedy Turtle (OKT). The prediction follows a series of major sales of residential development property at auction – all of which underscores market data emerging from industry sources.
14 February 2022
One Hundred Hotels Receive Support Payments Of Almost £2m
Almost £2 million has been paid out to 100 hotels in just over two weeks from the Department of Finance's Omicron Hospitality Payment. Finance Minister Conor Murphy met with representatives from the NI Hotels Federation and hoteliers at Armagh City Hotel.
One Hundred Hotels Receive Support Payments Of Almost £2m
Almost £2 million has been paid out to 100 hotels in just over two weeks from the Department of Finance's Omicron Hospitality Payment. Finance Minister Conor Murphy met with representatives from the NI Hotels Federation and hoteliers at Armagh City Hotel.
09 July 2007
Five hotels planned in £50m expansion
Northern Ireland is set to get five new hotels that will create around 200 jobs. Andras House is to build five new Ibis branded hotels in Northern Ireland, as part of a £50 million investment programme. Chairman of Andras House Lord Diljit Rana announced the major expansion, which will mean around 500 new bedrooms.
Five hotels planned in £50m expansion
Northern Ireland is set to get five new hotels that will create around 200 jobs. Andras House is to build five new Ibis branded hotels in Northern Ireland, as part of a £50 million investment programme. Chairman of Andras House Lord Diljit Rana announced the major expansion, which will mean around 500 new bedrooms.
-
Northern Ireland WeatherThis Evening and Tonight:Frequent, often heavy showers of rain, sleet and snow will affect most parts this evening and overnight, but are likely to be most frequent across the northeast. Minimum temperature -1 °C.
