General News

Carton House for Sale at €60m

Carton House Hotel has been put for sale on the market, with a guide price attached of €60m.

The 668 acre site, situated near Maynooth in Co. Kildare, dates back to the 11th century and had undergone extensive renovation from 1999 until 2006. As the ancestral home of the FitzGerald family, Earls of Kildare and Dukes of Leinster, Carton House is one of Ireland’s most historically important stately homes.

Savills and CBRE have been appointed as joint selling agents, acting on behalf of current owners the Mallaghan family and Carton Development Partnership who have reached consensual agreement with NAMA for the sale.

The hotel comprises of 165 bedrooms, including 18 suites located in the original house. On-site facilities include an extensive food & drink offering, a range of conference facilities, and a luxury spa. An average of 70 weddings are hosted at the resort every year.

The property is regularly used by the Irish national rugby team and frequently hosts high profile sports stars, and has previously hosted Real Madrid and AC Milan, amongst others. Its two 18 hole golf courses have hosted numerous championships, including the Irish Open on three occasions.

Conor Mallaghan, Carton House, said: “Carton’s future is now secure and it is very much part of the local community and an enduring and unique legacy for the Irish people. It is now time to pass its stewardship to a new owner whom I trust will continue with its recent revival and will appreciate this amazing place as much as we have.”

Tom Barrett, Head of Hotels & Leisure at Savills, commented: “Carton House is the premier Irish resort. The magnificent Palladian House has a rich history and combined with its more recent hotel development, will appeal to a wide pool of leading domestic and international buyers.”

Dave Murray, CBRE Hotels, said: “Carton House represents a once in a generation opportunity to acquire an upscale resort comparable to the best Europe has to offer. While Carton House has robust and diverse revenues from leisure, corporate and wedding business, it has fostered an excellent profile from hosting international sporting events such as the Irish Open.”

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