Time to dust off your dancing shoes for Property Picnic 2023 in aid of Cancer Trials Ireland.
We are delighted to announce this years keystone sponsors Core Capital Limited, Hibernia Real Estate Group Ltd, Glass Bottle, Mastertech Group, Matheson LLP and MCR Group.
We still have some sponsorship opportunities available, if you are interested please contact Roderick Nowlan or Lucy Connolly.
One doesn’t have to go back too far into the archives to find headlines relating to markets in Dublin. Recent headlines include the uses of the Fruit & Veg Markets in the north inner city, the future (or fate) of the Iveagh Markets in The Liberties and plans for a market use at CHQ alongside EPIC, Europe’s leading tourist attraction (World Travel Awards). With the concept such a visited topic one looks to examples, both here and abroad, of where markets exist in cities as major attractions, creating hubs of activity that provide a platform to promote local, independent businesses, producers and suppliers and exhibit the tastes and cuisines of the area.
In Ireland, the most prominent example is of course Cork’s famous English Markets. Developed and owned by the Council, this traditional food market first opened in 1788 and remains as a hub of retail activity, with independent, local stallholders (some generations old, others local start-ups) selling a variety of fresh food and artisanal goods. While the dominance of a grocery offer suggests the target clientele are largely locals, a combination of atmosphere and architecture makes the market a major attraction for the City.
The Time Out Market in Lisbon is considered as a must-do when visiting the Portuguese capital. The market was founded by the publishing company with a vision to showcase the best business ideas and projects in Lisbon. The market now contains restaurants, shops, bars and a music venue alongside fruit & veg, meat, fish and flower vendors. London’s Camden Market has developed into a retail, food & drink destination in London, comprising over 1,000 shops, stalls and stands with an array of unique independent offers. Other examples include Mercado in London and Mercado de San Miguel in Madrid.
A common theme of these markets is the presence of independent, local operators. These operators allow the markets offer something unique and different from the traditional high street or shopping centre mix. The artisan nature of these vendors can serve to promote the markets as a tourist destination where visitors can experience local cuisine and support local producers. The planning submitted for the proposed market offer at CHQ is an opportunity for an exciting market offer to break into Dublin and the recent pop-up, Me Auld Flower market in the Fruit & Veg Market in Smithfield as part of the St Patrick’s Day Festival may indicate that more exciting development lies ahead.
If you want to discuss the retail dynamics of City & Town Centre further you can contact us @consultancy@bannon.ie
Author: George Colyer, Surveyor, Bannon
Date: 3rd April 2023
Sustainability is a critical issue in modern property management, with more and more owners and occupiers seeking to adopt eco-friendly practices and reduce their carbon footprint. From a commercial property management perspective, there are several key strategies and best practices that can be used to promote sustainability and reduce environmental impact.
One important strategy is to focus on energy efficiency. Commercial buildings by their nature are some of the largest consumers of energy, and reducing energy usage can have a significant impact on both the environment and the bottom line. This can be achieved through a range of measures, such as improving insulation, installing energy-efficient lighting and appliances, installing solar photovoltaic arrays and implementing a smart building system that monitors and controls energy usage.
Another area of focus is water conservation. Many commercial properties use vast amounts of water, from landscaping and irrigation to bathroom facilities and kitchenettes. To reduce water consumption, property managers can implement low-flow fixtures, such as toilets and showerheads, as well as drought-resistant landscaping and rainwater harvesting systems.
Sustainable property management also involves waste reduction and recycling efforts. Property managers can encourage occupiers to reduce waste by providing recycling facilities and implementing composting programs. They can also work with contractors and suppliers to ensure that materials and products are sourced sustainably, and that waste is disposed of responsibly.
Environmental assessment method and rating system for buildings programs, such as BREEAM (Building Research Establishment Environmental Assessment Methodology), provide a framework for sustainable property management and can help property owners and managers to evaluate and improve their environmental performance, build more sustainable environment as a whole. By achieving BREEAM certification or other green building certifications, property managers can demonstrate their commitment to sustainability and attract environmentally conscious occupiers.
Finally, sustainable property management involves engaging and educating occupiers about sustainability and environmental issues. Property managers can provide educational materials and resources, host events and workshops, and encourage occupiers to adopt sustainable practices in their daily operations.
Overall, sustainability is a critical issue in commercial property management, and there are many strategies and best practices that can be used to promote sustainability and reduce environmental impact. By focusing on energy efficiency, water conservation, waste reduction and recycling, green building certification, and occupier engagement, property managers can help to create more sustainable, eco-friendly commercial properties that meet the needs of both businesses and the planet.
Author: Alex Staskunas, Property Manager, Bannon
Date: 23rd March 2023
Happy St. Patrick’s Day weekend to all our clients and friends from everyone here at Bannon ☘
Our Bannon team at the MIPIM keynote address by Professor Jeremy Rifkin… Feel free to reach out to Neil Bannon or Roderick Nowlan if you’re around!
Happy International Women’s Day to all of the incredible women we work with, clients and friends of Bannon.
To celebrate, our social committee organised these beautiful cupcakes to arrive this morning by The Cupcake Store, which went down a treat!
Bannon are delighted to have been involved in delivering a new 13,000 sqft flagship #Foot Locker offer at Ilac Shopping Centre and an upsize and relocation to 6,000 sqft at Swords Pavilions Shopping Centre for clients Hammerson Ireland and Irish Life Assurance plc.
Both stores are due to open in Q2 2023.
“The ship has reached the shore,” United Nations conference president Rena Lee announced after a marathon final day of talks between negotiators from more than 100 countries.
Ocean ecosystems keep our planet in balance by producing nearly half of the earth’s oxygen and absorbing much of its carbon dioxide but they are under threat from pollution, exploitation and global warming. After 15 years of negotiations, the UN High Seas Treaty which will help to protect vast swathes of the planet’s oceans was agreed in New York on Saturday. The high seas, or the parts of the ocean that are not territorial waters, do not technically belong to anyone and account for 60% of the earths oceans. Only a mere 1% of the high seas are currently protected. The treaty places 30% of the world’s land and sea under protection by the end of 2030, a target known as “30 by 30”.
The next step for the treaty is signing by UN member states and formal adoption after which countries will have to look at practically how these measures would be implemented and managed. This phase may take some time, however, the agreement of the High Seas Treaty is a major milestone as we look towards a greener future.
Bannon’s latest Office Pulse is now live!
This month’s Office Pulse includes expert market insights from Lucy Connolly and Cillian O’Reilly. In this edition we ask; As tech sector expansion slows down, is this the end of the super deal? We also look at the data behind a two-tier occupational office letting market.
To view the full report, please click here.
Bannon’s latest monthly Retail Pulse has now gone live.
In this publication we look at what has been an encouraging start for our retail leasing team with significant impetus carrying forward from 2022. Our footfall trackers also indicate a positive start to the year with January data for our shopping centre portfolio tracking almost in line with 2019 levels. Finally Neil Bannon looks at the stark decrease in the household debt to income ratio and what this might mean for the retail sector
To view the full report, please click here.
