New Associate Director in Investment team
Bannon have confirmed David Carroll’s recent promotion to Associate Director of Investment Agency. David’s promotion reflects the continued recovery in activity in the Irish commercial investment sector and the consequent expansion of the Bannon Investment team. David acts for a number of institutional and private clients seeking to buy into the nascent recovery. ‘We are seeing considerable demand from individuals with up to €5m to spend and international investors with buy orders in excess of €15m’
David works with Rod Nowlan who heads up Bannon’s investment team ‘We are at the start of a major shake-up in property ownership in Ireland with the new owners demanding detailed and insightful analysis of the properties they are considering and the markets they are buying into, David’s experience in valuing institutional portfolios has been invaluable in being able to provide the type of sophisticated analysis and due diligence required in today’s investment market’
David and the investment team have concluded approximately €1.7bn worth of investment transactions since the firm’s establishment in 2005 and most recently closed the sale of the AIB Trade Centre in the IFSC. David will be handling the sale of a number of Dublin and provincial high street retail investments in the coming weeks.