13 pubs sold in city in 2020, but provincial market at a standstill

An influx of private equity money meant that the market for Dublin pubs did not collapse during 2020, as it did for pubs outside the capital.

Thirteen Dublin pubs sold last year for a total of over €41m, compared to 16 transactions totalling €57m in 2019. According to the Lisney/Morrissey’s Licensed Premises report for 2020, there was however significant downward pressure on prices.

It was a very different picture for pub sales elsewhere. “No notable sales were recorded in the cities of Cork, Galway, Limerick, Waterford and Kilkenny”.

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Source: Independent