Advertisement

US billionaire Donald Trump buys Doonbeg resort in Clare

It has been confirmed that the American billionaire Donald Trump has bought an Irish golf resort....
Newstalk
Newstalk

15.24 11 Feb 2014


Share this article


US billionaire Donald Trump bu...

US billionaire Donald Trump buys Doonbeg resort in Clare

Newstalk
Newstalk

15.24 11 Feb 2014


Share this article


It has been confirmed that the American billionaire Donald Trump has bought an Irish golf resort. The Doonbeg resort in Co. Clare has been sold by the receivers to the Trump Organisation.

In a statement, Donald Trump says Doonbeg is an already terrific property that will be made even better and that it will soon be an unparalleled resort destination with the highest standards of luxury.

The statement adds the Clare facility will be renamed 'Trump International Golf Links, Ireland'.

Advertisement
Doonbeg is a five-star luxury resort

The sale follows a global marketing campaign by EY and selling agent Eastdil Secured. The Trump Organisation exchanged contracts for the sale on February 8th.

Joint Receiver of the resort, Luke Charleton, commented "There was a tremendous level of interest from domestic and international investors in this property".

"It is particularly pleasing to have sold this prestigious property to The Trump Organisation who have the vision and resources to take what is an internationally renowned tourism resort to its next stage".

He went on to thank employees and customers of The Lodge at Doonbeg and Doonbeg Golf Club for their support during the receivership process.

The billionaire also took to Twitter to confirm the news:


Share this article


Read more about

Business

Most Popular