A 184-bedroom hotel on Dublin's Clarendon Street has been brought to market by CBRE, offering operators a turnkey lease at one of the city's most prestigious addresses in Dublin 2.

Aviva Life & Pensions Ireland DAC is developing the scheme, which comprises a seven-storey-over-basement building including a restaurant, bar and commercial space. The plans also cover the refurbishment of four Georgian buildings on South William Street, adding commercial space on the ground floor and basement plus 10 apartment suites on the upper floors.

What does the site offer an operator?

The development sits inside Dublin's Central Business District, within walking distance of Grand Canal Dock, the International Financial Services Centre, Convention Centre Dublin, 3Arena, Croke Park and the Aviva Stadium. That cluster places the future hotel within reach of the city's corporate, conference and events demand drivers.

Alexandra Sheeran, director at CBRE, framed the opportunity in direct terms. "This exceptional hotel development presents a fantastic opportunity for astute operators to secure a prime, turnkey development in Dublin's most sought-after location," she said.

"With its unbeatable prestige and potential for innovative design, this project offers the chance for a visionary hotelier to collaborate with the developer and create an incredible hotel in one of the city's most exclusive areas," Sheeran added.

The structure of the deal gives the incoming operator scope to shape the fit-out in collaboration with Aviva Life & Pensions Ireland DAC rather than taking a fully specified product. CBRE is marketing the asset as a lease, positioning it at investors and chains seeking a Dublin city-centre flagship without development risk.

Why does CBRE expect strong demand?

CBRE points to two demand pillars underpinning the Dublin hotel market. First, the city is recording record levels of office take-up by multinationals, sustaining corporate room nights in the CBD. Second, visitor numbers are booming, which CBRE said will generate considerable future demand for Dublin hotels.

Transport links should improve further. The proposed MetroLink line includes a planned St. Stephen's Green station, which CBRE said will improve connectivity to Dublin Airport, the city centre and the wider transport network — supporting long-term demand from international leisure, corporate and group guests.

For European operators and investors, the listing adds significant new inventory potential to a market where prime city-centre development sites rarely reach the open market. A 184-bedroom full-service property with adjacent Georgian apartment suites near Grafton Street fits the profile of upscale and upper-upscale brands targeting Dublin's constrained supply.

What happens next?

CBRE will now run the leasing process, with interested operators expected to engage directly with Aviva Life & Pensions Ireland DAC on design collaboration. The outcome will signal how much appetite branded chains have for Dublin's prime hotel segment amid sustained corporate and leisure demand.