Over 30 Irish and international hoteliers are reportedly keen to acquire the property formerly home to Clerys department store on Dublin's O'Connell Street for the purpose of opening a new boutique hotel on the premises.
According to The Irish Independent, the building's new owners, Natrium, have enlisted property agents to find an operator for a potential new hotel situated at the rear of the property on Earl Place.
When asked for information by The Irish Independent, a source said, "Is it being prepared for sale? No. Would Natrium turn down an offer in six months' time if somebody came along with a big sum of money? I can't say that. Clerys is a very attractive property to a lot of people in Dublin and beyond. But it isn't being put up for sale."
Natrium purchased the premises from Gordon Brothers for €29 million in 2015, closing Clerys in June of the same year. In December of 2016, Dublin City Council approved planning permission for a mixed used development on the site that would be comprised of a boutique hotel, offices, retail units and leisure facilities.