Great to be back at EXPO REAL (Messe München)! Neil Bannon and Brian Morton are keeping a close eye on the latest trends in the real estate market.
It’s a fantastic opportunity for us to connect with experts, clients and friends while also building valuable relationships. We look forward to seeing you there! 👏
Bannon recently participated as one of the Sponsors at the Bon Secours Health System Ireland Exceptional People Awards 2024, held in Cork, where we sponsored the ‘Bons Blues Goes Green’ award.
Bannon was represented by our Managing Director Paul Doyle and Daniel Murphy.
Paul is pictured presenting the ‘Bons Blues Goes Green’ award to the winners; ‘Dublin Green Campus Team’ who are based at Bon Secours Hospital Dublin 👏
Bannon is pleased to welcome four new graduates to our expanding team who start out on their journeys to become Chartered Surveyors.
Seated are Emily King and Kate Wolfe. Standing are Alison Manning and Sam Harney.
Bannon’s Paul Doyle commented “Bannon is delighted to have Emily, Kate, Alison and Sam join the team. We will provide them with all the support and experience they require to become Chartered and look forward to their individual inputs as their careers progress in Bannon”.
What a great day out for our property management team yesterday at the Shopping Centre Managers Association Ireland conference.
The conference had great speakers and very informative on a range of topics. Bannon were delighted to be an entertainment sponsor of the event.
Congrats to all involved in organising a fantastic event.
Stephen Keegan, Keenan Daly, William Lambe, Aoife McGovern, Alex Staskunas
Great to see another exciting addition to The Square Tallaght line-up with the opening of beauty and wellbeing brand, Rituals UK & Ireland, on level 2 last week.
The new store boasts an impressive modern fit-out and offers the full Rituals suite of body care, skincare, home fragrances and wellness products. Rituals is already proving very popular among The Square customer base and we wish them well for the years ahead.
For further leasing queries, please contact Daniel Murphy or James Quinlan.
In recent years, some in the property industry have dismissed ESG as a buzzword or see it as a form of greenwashing. However, ESG has steadily emerged as a critical consideration globally in real estate. Now, Ireland is aligning with this global shift by implementing new legal frameworks aimed at reducing carbon emissions and fostering healthier, more sustainable buildings.
This shift is timely: according to the United Nations Environment Programme, buildings account for a staggering 39% of global greenhouse gas emissions annually. Reducing the carbon footprint of the built environment is vital, and there is growing demand across all sectors for corporate entities to take proactive steps in ESG reporting.
Voluntary sustainability certifications have gained significant traction among investors and asset managers seeking to enhance portfolio performance, particularly in terms of carbon reduction and sustainability. Leading organizations such as GRESB, BREEAM, and Fitwell provide frameworks that standardise and validate sustainability reporting across the real estate sector. Fitwell’s research revealed that nearly half (49%) of building owners are willing to pay a premium for properties that are accredited or demonstrate tangible environmental benefits. Similarly, GRESB’s annual ESG benchmark survey now has over 1,000 participating companies and funds. The U.S. Green Building Council found that LEED-certified buildings generate 34% lower CO2 emissions compared to non-certified properties. For both owners and occupiers, investing in these improvements is essential for futureproofing their assets and leases.
While many companies have voluntarily embraced ESG reporting, this landscape is rapidly changing. The European Union has introduced laws that make ESG reporting mandatory for businesses, asset managers, and property owners. The European Commission’s ‘European Climate Law,’ also referred to as the ‘European Green Deal,’ aims to make the continent climate-neutral by 2050. In support of this, the Corporate Sustainability Reporting Directive (CSRD) mandates sustainability reporting, starting with companies of 500+ employees and eventually extending to smaller enterprises.
At Bannon, in partnership with Evia Sustainable Real Estate, we leverage the power of data to help our clients navigate this evolving ESG landscape and achieve their sustainability goals. Our tailored approach begins with a comprehensive analysis of energy, waste, and water consumption across real estate assets. We specialise in delivering bespoke solutions for the collection and analysis of environmental data, designed to meet the specific needs of commercial real estate portfolios.
As ESG continues to reshape the real estate industry, those who embrace sustainable practices and reporting not only align with new regulations but also gain a competitive edge in an increasingly climate-conscious market.
Authors: Cillian O’Reilly, Chartered Surveyor, Bannon & Alison Manning, Graduate Surveyor, Bannon
Date: 9th September 2024
Don’t miss your chance to attend the Shopping Centre Managers Association Ireland Conference & Expo 2024. It’s the perfect opportunity for shopping centre professionals to gain insights and network with industry leaders.
We are extremely proud to be on board this year as Entertainment Sponsors helping to bring incredible entertainment experiences to the conference. Get ready to enjoy, connect, and celebrate on Tuesday, 17th September 2024, at the Slieve Russell Hotel Golf & Country Club 🥂
As the date draws closer, delegate tickets are selling fast – secure yours now here!
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Our Chairman, Neil Bannon participated in an engaging panel discussion this morning at the Bank of Ireland Commercial Real Estate Breakfast Briefing on how sustainability will impact commercial real estate.
A thought provoking morning focusing on what needs to be done to address the challenge and how Bannon and Evia Sustainable Real Estate are here to help create more sustainable and resilient real estate assets.
A big thank you to Bank of Ireland Corporate and Commercial for hosting the event and for driving these essential conversations.
How fabulous do the ladies look at the Dublin Horse Show yesterday afternoon! Such a wonderful event and we were so proud to get to host again this year 🐎✨
Lovisa opened their new store over the bank holiday weekend in Dundrum Town Centre showcasing an impressive fit out!
This marks another exciting new addition to the centre which has seen significant activity with the recent openings of Mango and Space NK.
For further leasing opportunities please contact Ali O’Gorman, James Quinlan or Daniel Murphy.
