ALG have advised Ulster Bank in funding for one of Northern Ireland’s leading hospitality groups.

ALG have advised Ulster Bank on debt finance facilities provided to the Beannchor Group to fund the development of a new Bullitt Hotel in Capel Street, Dublin and refinance existing indebtedness of the group. Once complete, the development will be a welcome addition to the regeneration of one of the most vibrant areas in Dublin. We were pleased to support Ulster Bank in funding such a strategic development for one of Northern Ireland’s leading hospitality groups, drawing on our unique all-island capability across Northern Ireland and Dublin.

The deal team was led from Belfast by Ciaran McAlinney, Phillip Hill, and Eoin Culliton. 

Wider transaction support was provided in Belfast by Richard McClean (Real Estate) and in Dublin by Deirdre Griffin and Alannah Burns (Real Estate) and Jamie Rattigan and Christopher Kipouridis (Construction).

Congratulations to all parties involved.

Date published: 23 April 2026