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Kennedy Wilson seeking €50M for Dublin hotel property

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Kennedy Wilson seeking €50M for Dublin hotel property

Kennedy-Wilson Holdings Inc. is seeking a buyer for the Portmarnock Hotel & Golf Links resort in Dublin, expecting to raise €50 million from the sale of the property, The Irish Times reported.

The Beverly Hills, Calif.-based real estate investor has carried out a €5 million renovation of the 134-room property it purchased for €27 million in 2014, according to the publication.