Dalata Hotel Group

Significant sale and leaseback announcement

  • Apr 21 2020, 07:10 IST/BST
  • Colin Grant
  • Company Report
  • 5 page(s)
  • Sectors : Hotels
  • Companies : Dalata Hotel Group

Ratings and price correct at time of issue.

  • Dalata Hotel Group

    Closing Price: 266c

  • RATING 09/09/14

  • PREVIOUS RATING 03/09/14

    UNDER REVIEW

DAVY VIEW

Dalata has announced the sale and leaseback of its Clayton Charlemont hotel in Dublin to Deka for a consideration of €65m. This is a major vote of confidence in the business. It transforms the company’s liquidity position and highlights its extreme undervaluation.

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Apr 21 2020, 07:10 IST/BST

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