Colliers Ireland has appointed Patrick Ryan as head of hotels and leisure and James Farrelly as head of landlord & tenant (l&t) in its valuation and advisory department.
Patrick Ryan has spent over 30 years in the hospitality industry. His formative career years with Inter-Continental Hotels Corporation saw him work in New York, Paris and finally London. In 1989 he joined leading hotel surveyors Christie + Co in London and spent two decades selling, purchasing and financing hotels on behalf of corporate clients. He was a Board Director of Christie + Co for many years and the Managing Director of Christie Finance. His return to Ireland coincided with the advent of NAMA, which he joined in 2010 as a Senior Property Advisor – Hotels and Leisure, with responsibility for 7% of NAMAs total loan book by asset type which consisted of 200 hotels or 57,000 rooms. Patrick is a fellow of the British Institute of Hospitality (BIH) and a member of the Society of Chartered Surveyors Ireland ( SCSI ).
James Farrelly has over 17 years’ experience in the property industry. He has amassed a wealth of experience having worked previously for international retailer Lidl, Lambert Smith Hampton Surveyors (where he led the valuation function) and IPUT.
Managing director, Declan Stone commented on the appointment; “Patrick is an industry heavyweight in terms of the Irish hotels and leisure market. His vast experience of the market and particularly in challenging times will assist our clients, investors and operators greatly as the sector works towards stabilisation. Patrick will focus on growing both our advisory and agency lines in conjunction with our respective agency and advisory departments.”
Announcing the recent appointments, Declan Stone commented; “The board and I are delighted to secure the expertise and experience of James Farrelly in the role as head of landlord and tenant, commercial rates and CPO. James will lead the strategic development of these critical professional services areas which form an integral part of our service lines and the continued growth of Colliers advisory service business in Ireland. James’ depth of expertise in professional services, occupational markets and investment management will significantly benefit our clients”.
