Bannon Retail Pulse – July 2026

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Our latest Retail Pulse is now live.

In this month’s edition, our Retail Agency team highlights the latest retailer activity across the market, including a strong pipeline of new store openings and continued demand from both domestic and international occupiers.

In our Expert Insight section, Neil Bannon takes a wider perspective on Ireland’s economic performance, challenging some commonly held perceptions and examining the factors that continue to make Ireland an attractive destination for retailers and investors alike. With strong consumer spending, population growth, high household savings and a resilient retail sector, the fundamentals supporting Ireland’s retail market remain very compelling.

Full report available here.

Eason Ltd open its new store at Blackpool Shopping Centre

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We’re delighted to see Eason Ltd open its new permanent store at Blackpool Shopping Centre.

Eason Ltd is a fantastic addition to the tenant mix, bringing a well-loved Irish brand and an exciting new retail offer to the centre.

The opening comes at a particularly exciting time for Blackpool Shopping Centre, with the centre re-fit and rebrand now reaching completion, transforming the customer experience and creating a refreshed environment for both retailers and shoppers.

We would like to thank our clients Lugus and Patron Capital for their continued instruction Roger Dineen David Hickey, and extend our thanks to James Quinlan, who acted on behalf of Eason Ltd.

And there’s more to come — we look forward to announcing further exciting new openings in the coming weeks.

For remaining leasing opportunities, please do not hesitate to contact myself or my colleagues Kate Wolfe Daniel Murphy.

A really positive time for Blackpool Shopping Centre.

Bannon Blackpool Shopping Centre Eason Retail Leasing Cork ShoppingCentres

By Jennifer Mulholland

Boots Ireland officially open its new store at Athlone Towncentre

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Anchored by Sports Direct, Marks and Spencer, Next, H&M, and ZARA , this latest addition is another significant milestone for the centre and an exciting enhancement to the retail offering for customers across the region.

This project has been a long journey to bring across the line, making the opening especially rewarding. A huge thank you to everyone involved for their hard work throughout the process. Special thanks to our clients Alanis Capital Limited James Woodhouse, our solicitor Jody Toner, our Centre Director Shirley Delahunt and Stephen Murray who acted on behalf of the Tenant.

Congratulations to Boots Ireland on the opening, and we wish the team every success in their new Athlone home.

For remaining leasing opportunities please don’t hesitate to contact either myself or my colleague Ali O’Gorman or our joint agents Karl Stewart Caroline O’Connor

Bannon  Retail  RetailLeasing AthloneTownCentre

By Jennifer Mulholland

Alexandra House

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Alexandra House, our managed office building in Dublin 4 – newly refreshed reception. With contemporary new furniture and a welcoming design, the space has been designed to create a better experience for tenants and visitors from the moment they arrive.

At Bannon, we work closely with landlords to keep assets competitive and appealing. Projects like this reception upgrade demonstrate how thoughtful design and quality finishes can elevate an office buildings character.

It’s a simple upgrade, but one that reflects the landlords ongoing commitment to investing in the buildings we manage—keeping them modern, competitive, and enjoyable places to work.

Sometimes it’s the smaller changes that make the biggest difference.

Bannon Office PropertyManagement OfficeRefurbishment DublinOffices CommercialRealEstate AlexandraHouse InteriorDesign WorkplaceExperience

By Alex Staskunas

 

 

Bannon Office Pulse Q2 2026

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Our Q2 2026 Bannon Office Pulse highlights a strong quarter for the Dublin office market, with take-up increasing by 61% from the previous quarter to almost 638,000 sq.ft. across 61 transactions.

While suburban markets recorded a higher level of activity during Q2 than previous quarters, Prime City Centre locations continued to dominate, accounting for 56% of all take-up. This reinforces the continued preference for high-quality accommodation within Dublin’s established business districts, particularly amongst larger occupier requirements.

The future pipeline is encouraging, with approximately 976,000 sq.ft. currently reserved across the market. Notably, 86% of reserved space in Dublin 2 comprises Grade A accommodation, underlining occupiers’ continued preference for best-in-class office space in prime locations.

Read the full Q2 2026 Office Pulse here.

OfficePulse DublinOffices GradeAOffices OfficeMarket Bannon

Auntie Anne’s store opening at Liffey Valley Shopping Centre

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Following on from successful openings in Swords Pavilions and The Square Tallaght, it has been a pleasure as always to work with Basil Samaan and the wider Auntie Anne’s UK & Ireland team in delivering their next ROI location at Liffey Valley Shopping Centre.

Thanks also to Aisling Joyce in Savills Ireland, who represented the landlord in negotiations.

Looking forward to seeing the new kiosk next weekend!

Max Burton  Antony Baker  Bannon  Acquisition  AuntieAnnes  LiffeyValleyShoppingCentre

Arrival of Lune Nails & Beauty in Hansfield

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We are delighted to announce the recent arrival of Lune Nails & Beauty in Hansfield.

Offering a range of premium beauty treatments and spa services, Lune Nails & Beauty is a fantastic addition to the growing Hansfield community. We also look forward to welcoming Fogg Café and SMF Fitness in the coming months. These lettings represent an important milestone for the scheme, bringing Hansfield to full occupancy. Achieving full occupancy reflects the strength of demand within the area.

Thank you to our valued client, Darragh Dennigan for the support in delivering these exciting brands to Hansfield.

With a vibrant mix of retail, leisure and service occupiers, there are exciting things ahead for the Hansfield community.

Bannon Retail Pulse – May 2026

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Our latest Retail Pulse is now live.

In this month’s edition, our Retail Leasing team focus on recent activity and how demand for space in key locations is outstripping supply.

 In our Expert Insight section, @Neil Bannon shares his perspective on the continued importance of customer experience and human interaction and how this impacts the retail, F&B and entertainment sectors.

Full report available here.

Bannon Investment Pulse Q2 2026

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The Irish Investment market delivered another encouraging quarter with investment turnover reaching €1 billion supported by the €500 million transaction of Horizon Logistics Park in North Dublin. However, a more revealing picture of current market conditions emerges upon detailed analysis.

See our latest Investment Pulse for Q2 2026, featuring expert insights for the last quarter.

Roderick Nowlan | Brian Morton | Cillian O’Reilly

2026 Bannon Hike in Howth

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Great day out with the team yesterday for the 2026 Bannon Hike in Howth!

We enjoyed stunning coastal views along the way before rounding off the day with well-deserved food and drinks at the Abbey Tavern.

A huge thank you to our Social Committee for organising another brilliant event. Looking forward to the next one already!

Bannon CorporateWellness WorkplaceWellbeing EmployeeWellness WorkplaceWellness

 

 

 

Arrival of Kerry Hanaphy at Nutgrove Shopping Centre

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We are delighted to announce the arrival of Kerry Hanaphy at Nutgrove Shopping Centre.

Offering industry-leading aesthetic and skincare treatments, Kerry Hanaphy is a fantastic addition to Nutgrove, introducing an exciting new use to the scheme and broadening the range of services on offer to shoppers.

Thank you to our clients, Lanthorn Kate Downes and Darragh D.

For limited remaining leasing opportunities, please contact Ali O’Gorman or my colleague Jennifer Mulholland or our joint agents Stephen Murray JLL.

Six-Week Yoga Series at Cadenza

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We are pleased to announce the commencement of a six-week yoga series at Cadenza D2 – a Bannon Managed Property.

Each Tuesday morning, participants engage in structured movement, breathwork and mindfulness practices designed to introduce balance and calm into the working week. The sessions take place in a refined, contemporary setting that provides an ideal environment for professionals to prioritise physical and mental wellbeing.

Initiatives of this nature demonstrate the tangible benefits of embedding wellness practices within the workplace, supporting both individual resilience and organisational performance.

Professionals interested in corporate wellness programmes are welcome to join.

Bannon Offices CorporateWellness WorkplaceWellbeing YogaAtWork EmployeeWellness WorkplaceWellness

 

 

 

Bannon Team visits the Cadenza Building

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The Bannon team took some time out of the office yesterday afternoon to visit one of our managed buildings. Cadenza is an exceptional building located on Earlsfort Terrace, Dublin 2 and one which Bannon is very proud to be involved in.

A big thanks to Alex Staskunas for his detailed overview of the building, including its exceptional ESG credentials (LEED Platinum, WELL Platinum, NZEB).

#ESG #Bannon #Offices #Bestinclass #PropertyManagement

 

 

 

Bannon Retail Pulse – April 2026

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Our latest Retail Pulse is now live.

In this month’s edition, our Retail Leasing team focuses on activity across the Food & Beverage market.

In our Expert Insight section, Neil Bannon shares his perspective on the growth in spending across the Food & Beverage sector and what is causing the “Chicken Wars”!

Full report available here.

Bannon Property Conference 2026

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We had a great day at our 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 at Lawlor’s Hotel in Naas.

We would like to thank our speakers, Cathryn O’Leary from the Alzheimer’s Society’s Society of Ireland, Neil Bannon, Real Estate Analytics Ireland and Gerry Duffy, for their insightful presentations throughout the day.

A special thanks also to our panellists, Alison Brennan, Gintare Bernataviciute, Richard Hobbs, Gráinne de Mórdha, 𝐉𝐨𝐡𝐧 𝐑𝐲𝐚𝐧 and Michael Moyna for sharing their expertise and contributing to engaging and thought provoking discussions.

The conversations and ideas shared throughout the day will hopefully inspire continued innovation and best practice across our network of shopping centres, retail parks and offices nationwide.

A final thank you to the Bannon team whose work behind the scenes made this valuable day of networking and collaboration possible.

Bannon BannonPMConference2026 makingpossible

 

 

Property Picnic 2026

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Bannon are proud to yet again sponsor Property Picnic in Dublin, organised by Hooke & MacDonald, in support of Cancer Trials Ireland.

Cancer Trials Ireland funds and runs the clinical research that changes what’s possible for cancer patients and their families across the country. Work that improves outcomes for thousands of people every year. We’re proud to be sponsoring and look forward to a fantastic day.

Well done to the organisers and everyone involved in making this happen.

PropertyPicnic2026  CancerTrialsIreland  Bannon  PropTech  BTR  Dublin

 

M1 Logistics Park Lands, Drogheda, Co. Louth

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The ‘M1 Logistics Park Lands’ at Drogheda, Co. Louth offer the opportunity to acquire a strategically located landholding adjacent to the M1 motorway (Junction 10):

– Extends to approx. 11.0 ha. (27.1 acres)
– Entirely zoned ‘E1 – General Employment’
– F.P.P for single high-bay warehouse unit (3,347 sqm)
– Potential to develop a logistics/warehousing scheme (s.p.p)

Thanks to Ronald Quinlan for featuring in the Irish Times

Enquiries; Naill Brereton / Ciaran Hayes

The Irish Times Article 

 

 

 

 

Christian Brother Monastery on Synge Street, Dublin 8

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Bannon has brought a former Christian Brother Monastery on Synge Street, Dublin 8 to the market.

– City Centre core, close to Camden Street
– Entire GIA c.23,548 sq ft
– Main building includes 22 bedrooms and several large rooms, c.18,827 sq ft
– Rear annex comprises a self-contained education centre, c.4,721 sq ft
– On-site parking for several cars.

Thanks Ronald Quinlan for the coverage  in today’s The Irish Times

Enquiries; Paul Doyle / Ciaran Hayes / Sam Harney

The Irish Times Article 

 

 

 

 

Bannon Retail Pulse – March 2026

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Our latest Retail Pulse is now live.

In this month’s edition, our Retail Leasing team focus on activity across the Retail Park market.

In our Expert Insight section, @Neil Bannon shares his perspective on rising fuel prices and how the recent fuel price spikes are unlikely to have any real impact on retail sales.

Full report available here.

Bannon Office Pulse Q1 2026

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Our Bannon Office Pulse Q1 2026 highlights a steady and confidence-building start to the year for the Dublin office market, reinforcing the recovery pattern seen throughout 2025.

While take up eased slightly year on year, activity remained 22% above the average Q1 take up from 2020 to 2025, reflecting sustained occupier demand. This demand continued to favour prime, Grade A accommodation, with Prime City Centre locations accounting for 70% of total take-up during the quarter.

To view the full report, please click here.

Bannon Promotions 2026

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Bannon, Ireland’s leading indigenous commercial property consultancy, has announced three senior appointments within the business.

Edward Williams, Brian Geraghty and Darragh Kildea have each been appointed to Associate Director within the Property Management Department of Bannon.

Bannon Managing Director Paul Doyle commented; These promotions reflect on the professionalism, enthusiasm and client care shown by Ed, Brian and Darragh in their area of expertise. We are proud of their achievements and contributions within Bannon. We wish them continued success and career enjoyment in Bannon.

Bannon Investment Pulse Q1 2026

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Overall, Q1 2026 feels like a market finding its footing with residential dominating the headlines, offices gaining traction through both prime and repositioning plays, and other sectors constrained more by opportunity than appetite.


See our latest Investment Pulse for Q1 2026 with expert insight from the last quarter here.

VILA is now open in Blanchardstown Centre

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Great to see VILA now open in Blanchardstown Centre. We were delighted to complete this letting on behalf of our clients Falcon AM, working closely with Paul Fahey representing VILA.

This new store further enhances the centre’s ladieswear offering and highlights BESTSELLER‘s continued investment, alongside JACK & JONES and VERO MODA at Blanchardstown Centre.

For leasing opportunities, please contact our retail team at Bannon, Jennifer Mulholland, Darren Peavoy or Mark Hayden, or our joint agents at Savills.

Photo taken from Blanchardstown Centre.

The Salvation Army Easter Egg Donation 2026

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This Easter, Bannon is proud to once again support The Salvation Army Republic of Ireland Houben House Family Hub, ensuring every child in emergency accommodation received an Easter egg.

We hope this small gesture brings a sense of joy and celebration to those facing the challenges of homelessness this Easter, while reinforcing the importance of community support. 🐰

The Art of Coffee is now open in The Square Tallaght

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Great to see The Art of Coffee open its doors in a prime Level 2 location at The Square Tallaght. This fantastic brand is known for its exceptional coffee and will be a strong addition to the centre’s already impressive retail line-up.

We were delighted to work alongside the landlord, Eagle Street Partners and Arrow Global Group, as well as their teams including Sigma Retail Partners, in bringing this deal to completion.

For further leasing enquiries, please contact Mark Hayden, Darren Peavoy or Daniel Murphy or our joint letting agents at Cushman & Wakefield.

Shopping Centres: More Than Just a Place to Shop

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Across Ireland, local shopping centres play a vital role not only in providing essential retail and services but also as central hubs for community support and charitable activity. Beyond everyday shopping, centres offer a safe, accessible, and highly visible space for charity collections and local sports fundraising initiatives, helping residents engage with causes that truly matter to them.

Landlords and management teams across Bannon-managed shopping centres understand the importance of providing space for these initiatives. Bannon recognises that allowing charities, local sports clubs, and support groups access to high-footfall locations is vital for connecting them with the community, raising awareness and support, and helping to maximise the impact of their campaigns. This commitment reflects Bannon’s view that supporting local causes is an important part of its role as a responsible and socially engaged landlord.

Shopping centres provide high footfall and convenient access, making them ideal for collecting donations of food, clothing, toys, or funds. Many centres host annual or seasonal charity drives, while also supporting smaller, community-led campaigns such as school fundraisers, local sports club collections, and emergency appeal drives. By offering this space, centres help organisations connect directly with the community and amplify their impact.

Local sports teams and clubs frequently benefit from this support. Centres provide a visible and convenient location for equipment drives, sponsorship collections, match-day fundraising, and fundraising for trips abroad, connecting community members with clubs that rely on local support to thrive. This engagement strengthens the link between shopping centres and the communities they serve, fostering a sense of shared purpose and neighbourhood pride.

By providing facilities for charitable collections, sports team fundraising, and by assisting local support groups to engage with residents, shopping centres deliver tangible benefits to the community. They help raise awareness, generate donations, and support local organisations, while landlords demonstrate a clear understanding of the importance of these initiatives. For local residents, visiting the centre becomes an opportunity not just to shop, but to contribute to the wellbeing of the community around them.

Bannon Retail Pulse – February 2026

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Our latest Retail Pulse is now live.

In this month’s edition, our Retail Leasing team summarise occupiers who have an active requirement for space currently.

In our Expert Insight section, Neil Bannon shares his perspective on the impact (or lack thereof) of macro-economic events on consumer spending and in particular on how there has been a decoupling of the consumer sentiment index and the retail sales index.

Full report available here.

The Boat House – Commercial Office Building: Window Restoration & Ground Floor Refurbishment Project

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Bannon act as Property Managers for the Boathouse which is an office building located in the heart of Dublin City.

Over a two-year period, The Boathouse experienced extensive glazing damage, with several windows damaged across several levels of the building. Restoring the façade to its original standard required careful planning, technical sourcing and investment from the landlord.

As the appointed property management agent, we led the project from initial assessment through to final completion. In conjunction with suitably qualified professionals our team conducted a comprehensive review of each damaged panel. From this it was identified that the original glazing specification was no longer in production due to the age of the building. Working closely with our surveyor Billings Designs we sourced a matching glass specification, confirmed the correct SKU code and incorporated additional protective measures to enhance long-term resilience.

C&L were appointed as the principal contractor to complete the works. Due to bespoke manufacturing requirements, a four-month lead time was necessary for production of the new panels, followed by a further three months to secure the required permits. Because of the building’s central location, approval from Dublin City Council for crane access proved challenging. To keep the project on schedule, we designed an alternative installation method using scaffolding up to the fourth floor, enabling the manual installation of panels weighing approximately 125 kg each. For upper-level glazing, a two-day permit was granted, allowing the works to be completed safely and efficiently.

We also procured quotations for protective window film to help mitigate risks of future damage and reduce long-term costs for the client.

In parallel with the glazing works, the landlord invested additional capital to upgrade the building’s interior. The ground-floor reception was fully refurbished with a contemporary design, brighter colour palette, new floor tiling, modern lighting, and high-quality designer furnishings—creating a more welcoming and professional first impression for occupiers and visitors.

Previously vacant office suites were also repurposed into amenity rooms, providing additional shared facilities and enhancing the overall experience for tenants throughout the building.

This project reflects our hands-on management approach, commitment to cost-effective solutions and ability to coordinate complex works in a busy urban environment, ensuring The Boathouse remains a high-quality, desirable workspace for its occupiers.

 

MIPIM Lunch 2026

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A big “Day 3” for the Bannon team at MIPIM hosting the annual Bannon Great Ireland Lunch in the Gray D’Albion Beach Restaurant!

Neil Bannon was part of a quartet of speakers on the Ireland At MIPIM stand at 4pm yesterday! With a distinct and understandable focus on housing this year, it’s nice to see the commercial property sector getting its chance to highlight the opportunities in the Irish Market.

Neil Bannon, Roderick Nowlan, Brian Morton

 

Dún Mhuire – For Sale

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Privileged to bring a property of such quality and provenance to the market. The proximity to Killiney Beach is a real bonus particularly on a day like today! Situated on 3.7 acres and zoned ‘Residential’, the potential for multi-unit re-development is compelling but equally may suit a trophy residence, embassy etc.

Thanks to Ronald Quinlan for the coverage in today’s The Irish Times.

Franciscans seek €7m for Dublin mansion with scope for high-end housing – The Irish Times

For further information, please contact Niall Brereton or Samuel Harney.

Article Published in The Irish Times

Sundrive Shopping Centre, Dublin: A Local Hub for the Kimmage Community

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𝗦𝘂𝗻𝗱𝗿𝗶𝘃𝗲 𝗦𝗵𝗼𝗽𝗽𝗶𝗻𝗴 𝗖𝗲𝗻𝘁𝗿𝗲 has long been a vibrant local hub for the Kimmage community, offering a convenient mix of shopping, dining, and services. Managed by Bannon since 2017, the centre combines essential retail with modern amenities, making it a key part of daily life for local residents.

At its core is anchor tenant SuperValu, complemented by a strong mix of retailers and service providers including 𝗢’𝗕𝗿𝗶𝗲𝗻𝘀 𝗖𝗮𝗳é, Hidden Hearing, Life Pharmacy, and local favourites such as 𝗙𝗹𝗲𝗺𝗶𝗻𝗴 𝗙𝗹𝗼𝗿𝗶𝘀𝘁, An Post, 𝗥𝗲𝗮 𝗕𝗶𝘀𝘁𝗿𝗼, 𝗦𝘂𝗻𝗱𝗿𝗶𝘃𝗲 𝗗𝗲𝗻𝘁𝗮𝗹, and 𝗖𝗼𝘀𝘁𝗲𝗹𝗹𝗼 𝗢𝗽𝘁𝗶𝗰𝗶𝗮𝗻𝘀. Together, these occupiers provide grocery shopping, dining, healthcare, and specialist services under one roof, making 𝗦𝘂𝗻𝗱𝗿𝗶𝘃𝗲 a true community destination.

Spanning approximately 42,000 sq. ft., the centre prioritises accessibility and convenience. Surface-level car parking, with 3 hours free for visitors, was upgraded in 2022 with resurfacing and improved line marking. Parking includes dedicated cargo bays, disabled spaces, and mother-and-baby spaces, while modern EV charging points, bottle and clothes recycling banks, and an on-site ATM enhance the visitor experience. The centre also embraces sustainability and pollinator-friendly practices, including environmentally conscious landscaping that supports local biodiversity.

𝗦𝘂𝗻𝗱𝗿𝗶𝘃𝗲 𝗦𝗵𝗼𝗽𝗽𝗶𝗻𝗴 𝗖𝗲𝗻𝘁𝗿𝗲 is easily accessible by public transport. Several Dublin Bus routes serve the Sundrive Road corridor, connecting the centre with surrounding neighbourhoods and Dublin city centre, making it convenient for both residents and visitors from further afield.

With its strong mix of essential retailers, local services, upgraded facilities, and excellent transport links, 𝗦𝘂𝗻𝗱𝗿𝗶𝘃𝗲 𝗦𝗵𝗼𝗽𝗽𝗶𝗻𝗴 𝗖𝗲𝗻𝘁𝗿𝗲 continues to serve as a reliable and welcoming community hub, delivering convenience, accessibility, and a positive shopping experience for the people of Kimmage and surrounding areas.

International Women’s Day Event 2026

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Thank you to the SCSI for hosting an insightful International Women’s Day event with the theme “𝐆𝐢𝐯𝐞 𝐭𝐨 𝐆𝐚𝐢𝐧.” The speakers included 𝐓𝐡𝐞𝐫𝐞𝐬𝐞 𝐂𝐨𝐯𝐞𝐧𝐞𝐲, social entrepreneur, advocate and founder of the 𝐓𝐨𝐠𝐞𝐭𝐡𝐞𝐫 𝐀𝐜𝐚𝐝𝐞𝐦𝐲; Fionnuala O’Buachalla from JLL, Emer Byrne of 𝐓𝐔 𝐃𝐮𝐛𝐥𝐢𝐧. The event was hosted by Lily Ellis from Netapp.

Each speaker shared their perspective on the importance of giving and its impact. Whether through initiatives like the Together Academy or by supporting a colleague as an ally through sponsorship or other forms of assistance, the message was clear: giving back brings meaningful rewards.

HQ Office Building Kilkenny – For Sale/To Let

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A rare opportunity to acquire or lease a high profile HQ office building in Kilkenny. Formerly occupied by Glanbia, the building extends to 2,160 sq m (23,250 sq ft) GIA and benefits from an excellent specification and quality fit-out.

Thanks to Ronald Quinlan for the coverage in today’s The Irish Times.

For further information, please contact Niall Brereton or Samuel Harney or joint agent David FitzGerald of FitzGerald Auctioneers.

Article Published in The Irish Times 

MIPIM 2026

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With the retail sector back in vogue and leading Irish Investment turnover for the past two years, talk to Ireland’s No.1 Retail Agency at MIPIM.

Bannon will once again be there to discuss all aspects of the Irish market, offering a unique perspective on its specialist sector, Retail!

Neil Bannon, Roderick Nowlan, Brian Morton

To book an appointment, please contact Elisa Teyssier.

Ireland at MIPIM 

The Mill Shopping Centre, Unit 20 Project Completion

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We are delighted to see the successful transformation of Unit 20 at The Mill Shopping Centre, moving from a vacant D2-rated unit to a fully occupied B2-rated space with a high-quality fit-out and strong occupier in place.

This project demonstrates how proactive property management and close collaboration can enhance asset performance while supporting sustainability objectives.

As Property Managers, Bannon worked alongside Evia Sustainable Real Estate Limited, Sigma Retail Partners and the Centre Management team to support delivery through a collaborative team effort.

Best of luck to CeX in their new unit at The Mill Shopping Centre, we wish the team every success! 👏

Bannon Retail Pulse – January 2026

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Our latest Retail Pulse is now live.

In this month’s edition, our Retail Leasing team look back at the more notable transactions of 2025.

In our Expert Insight section, Neil Bannon explores the divergence between retail sales and consumer sentiment and how a gulf has opened up between the value of retail sales reported by the Central Statistics Office and the Consumer Sentiment Index prepared by the Irish League of Credit Unions.

Full report available here.

SCSI Annual Dinner 2026

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The Bannon team enjoyed a fantastic evening at last night’s SCSI Annual Dinner ✨

It was a fantastic opportunity to reconnect with industry colleagues, meet new faces, and catch up with clients from across the property and land sectors. A really well-organised and memorable event, we want to thank the SCSI for hosting another standout evening!

Leasing Activity in Dundrum Town Centre

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Exciting leasing activity at Dundrum Town Centre featured in The Irish Times today.

Proud of the Bannon leasing team’s involvement across these fantastic deals, contributing to a retail destination with exceptionally high occupancy and continued demand from Irish and international brands.

Full Article Published by The Irish Times 

Bannon Office Pulse Review & Outlook 2025/26

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Our Bannon 2025 Review and 2026 Office Pulse highlights a strong year-end performance for the Dublin office market.

This momentum is expected to continue into 2026. However, the supply of Grade A office space, particularly in Dublin 2, is tightening, as demand remains robust and there is limited new construction in the near-term pipeline.

To view the full report, please click here.

LiRE Event 2026

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A fantastic start to the year at LiRE’s first event of 2026, hosted in Grant Thornton’s offices.

It was great to see so many talented professionals and to take part in such an engaging and thought-provoking session. Many thanks to the LiRE team and Grant Thornton for their warm hospitality.

Delighted to have Kate Maloney representing Bannon in such a positive and forward-looking event.

Bannon Investment Pulse Review & Outlook 2025/26

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Now that the property investment market has “survived until ‘25″, what actually happened in the year just past and what does the future hold? See Bannon’s 2024 Investment Pulse which includes an outlook for the year ahead.

Roderick Nowlan, Cillian O’Reilly, Brian Morton

To view the full report, please click here.

Marshes Shopping Centre adds fashion retailer Next

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Marshes Shopping Centre has enjoyed a standout year for new lettings, coinciding with a particularly special milestone as the centre celebrates its 20th anniversary. As part of this milestone year, Marshes has delivered an exciting mix of new retail and F&B brands, further strengthening its status as the North East’s leading shopping destination.

These additions reflect a leasing strategy, aimed at enhancing the overall customer experience while responding to evolving occupier demand. This progress would not have been possible without the continued support and instruction of our client, Lanthorn, Colleen Fox and Seán Dolan, whose commitment to the long-term success of the centre has been instrumental in delivering these outcomes.

We were pleased to be involved in securing a number of these transactions, most notably Next, which will shortly occupy over 11,000 sq. ft. The arrival of a retailer of this scale and profile represents a major endorsement of Marshes Shopping Centre Ltd and provides a premium uplift to its already strong fashion offering. Many thanks to Kevin Sweeney, who acted on behalf of Next.

Further successful lettings include Lovisa, Golden Discs, and Camile Thai, all of whom have committed to long-term leases, underlining their confidence in both the centre’s performance and the strength of the Dundalk market. Each of these brands has already opened and is trading successfully, with Next currently fitting out.

Thank you to Ronald Quinlan for featuring Marshes Shopping Centre in yesterday’s The Irish Times

For further information on remaining opportunities please contact Jennifer Mulholland or Ali O’Gorman or our joint agent CBRE.

 

 

 

Bannon Retail Pulse – December 2025

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Our latest Retail Pulse is now live.

In this month’s edition, our Retail Leasing team highlights a selection of the deals they were involved in throughout 2025.

In our “Expert Insight” section, Neil Bannon shares his perspective on the most recently reported Exchequer returns and what they mean for the retail sector.

Full report available here.

Sligo has been voted An Taisce Ireland’s Cleanest Town for 2025

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Sligo has been voted An Taisce Ireland’s Cleanest Town for 2025 with the Bannon Managed Scheme Quayside Shopping Centre Sligo deemed as ‘absolutely spotless’.

Huge credit to our centre manager Christine Dolan and the entire onsite team for their consistency and hard work every single day. This recognition is well deserved!

Full Article Published by The Irish Times 

SCSI Toy Drive 2025

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We were delighted to support the SCSI – Society of Chartered Surveyors Ireland Toy Drive this year and to see our team come together to help make a difference 🎁

Thanks to the generosity of our colleagues, we were proud to contribute gifts donated to the Dublin Simon Community, helping bring some extra joy to children this Christmas.

A big thank you to the SCSI for organising such a meaningful campaign, and to everyone who donated and helped spread a little extra joy this Christmas.

Bannon Retail Pulse – November 2025

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Our latest Retail Pulse has now gone live. In this month’s edition our Retail Leasing team summarise activity in the pop-up sector in the run up to Christmas.

In our “Expert Insight” section, Neil Bannon looks at the renaissance of Henry Street and surrounding areas.

Full report available here.

Unlocking Infrastructure Deadlocks – PANCR, Drogheda

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The well documented log-jams associated with infrastructure delivery across the country, and the Greater Dublin Area in particular, have been the subject of much political discourse over the past number of months. Delays in delivering key pieces of infrastructure such as roads, waste-water treatment plants, electricity supplies etc. have stymied the construction of housing schemes which are required to address the country’s chronic housing shortage.

A notable example of where key infrastructure delivery can provide the catalyst for new housing delivery is the Ballymakenny area to the north-east of Drogheda, Co. Louth. In 2007, North Drogheda Development Partnership submitted a planning application to Louth County Council, seeking permission to develop 1,056 residential units across an 80-acre site at Ballymakenny, Drogheda, featuring a mix of houses, duplexes, and apartments.

While the global financial crash of 2008 stalled new housing delivery for a number of years, it was not until the completion of the first two phases of the Port Access Northern Cross Route (PANCR) in March 2024 that new housing developments on a substantial scale were enabled in this part of Drogheda. The PANCR, which had been approved but stalled for over a decade due to funding difficulties, was finally constructed by means of a public-private partnership through collaboration between Castlethorn, Louth County Council and HISCo (backed by the Ireland Strategic Investment Fund (ISIF).

Several developers are on-site delivering new residential units in the area with some 5,000 new homes earmarked for the locality, largely enabled by the completion of this long-awaited orbital road. Castlethorn alone is in the process of delivering approximately 1,250 new homes in the area with over 800 units completed to date at Ballymakenny Park and Ushers Mill. Bannon has provided ongoing valuation advice to Castlethorn as part of the Part V requirements throughout the various phases of this scheme of development.

The Bannon Professional Services Team has considerable experience in providing Part V Submissions and Valuations to Local Authorities on behalf of developers of residential projects. Contact Niall Brereton, Director – Professional Services & Land, for an initial consultation.

Photo courtesy of Castlethorn

 

 

 

 

Normal is now open in the Ilac Shopping Centre

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The New NORMAL in Ireland!!

We’re excited to announce the opening of Danish retailer Normal’s first store in Ireland, which officially opened its doors last week. Located at the flagship site in the Ilac Shopping Centre, the store boasts 18 meters of prime frontage along Henry Street and offers over 700 sq.m of retail space on the ground floor.

With a diverse range of more than 8,500 products across categories such as skincare, haircare, oral care, makeup, and cleaning, Normal’s unique store layout offers an engaging, treasure-hunt experience, with a mix of both well-known and niche brands.

Founded in 2013 in Denmark, Normal has quickly expanded, growing into a chain of over 950 stores across multiple European countries, including Norway, Sweden, the Netherlands, France, Finland, Portugal, Spain, and Italy.

Having the opportunity to negotiate this letting on behalf of the Owners and contribute to bringing this retail first to Ireland makes it all the more special for our retail team.

We would like to extend our appreciation to our clients Hammerson and Irish Life Investment Managers for their continued trust and support.

Céad Míle Fáilte, Normal! We wish you every success in Ireland.

For remaining leasing opportunities please don’t hesitate to contact Jennifer Mulholland or Ali O’Gorman. 

 

 

 

 

 

Metrolink CPO Progress

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With the recent approval by An Coimisiún Pleanála of the MetroLink project, the focus of Transport Infrastructure Ireland has now turned to the procurement process. In November 2025 the Minister for Transport, Darragh O’Brien, established a dedicated MetroLink delivery body. Attention has understandably turned to the compulsory purchase process given that Notice to Treat documents are expected to be served on impacted landowners early in 2026. This depends on whether or not Judicial Review proceedings are taken against An Coimisiún Pleanála’s decision.

A total of 189 hectares (467 acres) of land lies within the project boundary. Approximately 97 hectares (239 acres) is set to be acquired on a permanent basis to include sub-stratum to facility tunnelling. The scheme will involve the acquisition of 85 residential units and numerous commercial buildings, primarily to facilitate the construction of stations. One example is the College Gate apartment development at Townsend Street. It is due to be compulsorily acquired in its entirety to facilitate the Tara Station.

The service of Notice to Treat documents on individual landowners will be an important milestone. It effectively invites the landowner to submit a claim for compensation in respect of the land/interest being acquired from them.

The Bannon Professional Services Team has considerable experience in acting for landowners impacted by major infrastructural projects. Contact Niall Brereton, Director – Professional Services & Land, for an initial consultation.

Image Credit: MetroLink / National Transport Authority

 

 

 

 

 

Society of Chartered Surveyors - SCSI Ireland

Address

Hambleden House
19-26 Pembroke Street Lower
Dublin 2
D02 WV96
Ireland
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Email: info@bannon.ie

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