A disappointing quarter but our Capital Markets director Roderick Nowlan is calling the bottom of the market at least in terms of transactional activity. Check out our latest investment pulse below.
To view the full report, please click here.
Congratulations to Petstop on the opening of their new store in Wexford! The quality of fitout and the range of pet products on offer is truly impressive. We wish the team all the best with their new store and look forward to the next opening in the coming weeks. Well done! 
Image by: Petstop
Bannon’s latest monthly Retail Pulse has now gone live.
In this publication, Neil Bannon highlights that consumer spending keeps pace with inflation supporting continued high occupancy levels.
To view the full report, please click here.
The arrival of Specsavers to Gateway Retail Park marks full occupancy at the thriving shopping hub. Specsavers is a trusted occupier across multiple locations within the Bannon portfolio. The Property Management team works closely with the retailer to support its expansion. Join us in congratulating Specsavers as they continue their growth plans in Ireland.
Specsavers have just opened their newest optical and audiology store in Gateway Shopping Park, Galway. The 4,300 sq. ft. letting brings Phase 2 of the scheme to full occupancy. A great achievement for all involved as this is the largest retail development in the West of Ireland in recent times. Gateway Retail Park now boasts a strong and diverse tenant mix and is proving a strong draw for Galway shoppers.
Get in touch with Darren Peavoy to discuss further letting opportunities.
Oakberry, one of the world’s leading purveyors of so-called superfood the açai bowl, has signed leases for four more shop locations in Dublin. Having already opened for business on South Anne Street, the company, which has more than 400 outlets across 43 countries, has now agreed deals for premises at Central Plaza and the Ilac Centre in the city centre, and at Blackrock Village and Nutgrove Shopping Centre in south Dublin.
Oakberry’s signature offering is the açai bowl, comprising toppings that include seasonal fruit, peanut butter and chia pudding. Its stores also offer personalised smoothies and açai snack bars.
Commenting on its planned expansion within the Dublin market, Nick Twomey of Oakberry Ireland said: “These locations represent exciting opportunities for us to connect with the local community and provide them with our delicious and nutritious açai bowls. We look forward to welcoming customers to experience the Oakberry difference.”
The new outlets are scheduled to open in mid-April or May, pending final preparations and regulatory approvals. Danny Murphy of Bannon represented Oakberry in the lease discussions.
He said: “These openings underscore Oakberry’s commitment to providing accessible and healthy dining options for Dubliners. We look forward to further developing the Oakberry store network around Ireland over the coming years.”
Outside of its planned expansion in the capital, Oakberry said it intended to open a further 15 outlets across Ireland over the next three years. Parties interested in securing an Oakberry franchise in the Republic of Ireland should contact ireland@oakberry.com.
Your Hour, Your Power! Staff at Bannon and properties across our nationwide management portfolio of shopping centres, retail parks and offices will be taking part in Earth Hour tomorrow, Saturday 23rd March, from 8.30pm until 9.30pm.
Earth Hour is a global awareness movement in which involves lights, appliances, plant, and other items being turned off for an hour.
Lots happening in Dungarvan Shopping Centre, Co Waterford in the last few months with the opening of Pamela Scott, Zara Lily, Integrity Martial Arts, Lana Thai (signed) and Eason’s committing to a new long-term lease along with a full store re-fit.
These new occupations and store investment demonstrate a continued confidence in the performance of regional shopping centres.
Get in touch with James Quinlan, Darren Peavoy, Jennifer Mulholland, Lorcan Keenan, Daniel Murphy, Ali O’Gorman and Mark Hayden to discuss further opportunities.
Happy St. Patrick’s Day weekend to all our clients and friends from everyone here at Bannon ☘
The Student Excellence Awards hosted by Technological University Dublin last night and organised by the School of Surveying & Construction Innovation TU Dublin was to acknowledge the achievements of students who graduated last year. Ali O’Gorman received the award for Best Academic Performance in Property Economics.
Congratulations, Ali, on this well-deserved recognition! Your dedication and hard work have not gone unnoticed and we are proud to have you as part of our team here at Bannon. Keep up the amazing work!
