We have advised Azora on financing its deal to acquire a portfolio of urban hostels including Jacob's Inn in Dublin.
The Arthur Cox team was led by David Molloy (Partner, Banking and Finance) and was supported by Andrew McMaster and Jack Greene (Banking and Finance).
Urban hostels are a key target for Azora's hospitality strategy, and this transaction also represents their first entry into the Irish hospitality market. Over the last 13 years Azora has become one of the leading hospitality and leisure investors across Europe, with the group having acquired over 100 hotels and invested over €3 billion in the hospitality sector.
Read more here.