Bannon Retail Pulse – June 2025

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Our latest Retail Pulse has now gone live. In this months edition our Retail Leasing team summarise some of the occupiers that are increasing their footprints across the country.

In our “Expert Insight” section Neil Bannon examines the continued oscillation between the two main retail cores in Dublin City Centre, i.e. Grafton Street to the south and Henry Street to the North. The scale of retail and leisure related investment in the area around Henry Street, Mary Street & O’Connell Street is hard to ignore.

Full report available here.

Bannon Retail Pulse – May 2025

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Our latest Retail Pulse has now gone live. In this months edition our Retail Leasing team reminds you not to buy into all the negativity surrounding the retail market.

In our “Expert Insight” section Neil Bannon explores how the ownership of Irish retail real estate has changed significantly over the past 20 years — and how it’s continuing to evolve today.

Full report available here.

HMV Opens Second Store in Crescent Shopping Centre, Limerick

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Exciting news for Limerick as HMV makes a comeback with the opening of their second store in Crescent Shopping Centre. Really positive customer feedback so far!

Thanks to Karl Stewart acting for the Landlord Clancourt working alongside us on this deal.

Bannon is actively scouting locations across the country for HMV stores ranging from 300-500 sq.m. in prominent urban areas and shopping centres. For any potential opportunities, please reach out to James Quinlan.

 

 

 

 

 

 

Bannon Retail Pulse – April 2025

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Our latest Retail Pulse has now gone live. In this months edition our Retail Leasing team look at some of the recent activity in the Irish Food & Beverage market.

In our “Expert Insight” section Neil Bannon discusses the impact that a warm spell of summer weather is likely to have on retail sales (Bright Skies, Brighter Sales).

Full report available here.

Punchestown Racing Festival 2025

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The sun was shining for the Bannon Future Leader Brunch & Racing Day at House Dublin, with the gang now currently at Punchestown.

Bannon are delighted to welcome the ‘future leaders’ from our client firms across the industry for a day of sun, fun and racing.

 

 

 

 

 

Completely Retail Marketplace 2025

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Another successful Completely Retail Marketplace conference wrapped up for the Bannon Retail team. Interest in the Irish market remains strong, with international Retail and F&B brands exploring expansion opportunities. The sunny weather was a bonus letting them have many productive alfresco meetings. Overall, the team had a very positive and engaging feedback on Irish Retail with plenty of active requirements.

James Quinlan Darren Peavoy and Jennifer Mulholland

 

 

 

 

 

Bannon Retail Pulse – March 2025

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Our latest Retail Pulse has now gone live. In this months edition our Retail Leasing team look at some of the recent activity in the Retail Park market.

In our “Expert Insight” section Neil Bannon focuses on recent exchequer data and in particular VAT receipts in Q1 2025 (+7.3% vs Q1 2024).

Full report available here.

Dominic Smith Electrical is now open at Leopardstown Retail Park, Sandyford

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Exciting News! Dominic Smith Electrical new store is now open at Leopardstown Retail Park in Sandyford.

Spanning over 8,000 sq. ft., the impressive new store brings a wide range of electrical products, expert advice, and exceptional customer service to the heart of Sandyford. This opening enhances the retail mix of the park, making it an even more compelling destination for customers.

For further leasing queries, please contact Darren Peavoy.

Cannes Property Conference MIPIM 2025

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Great for Bannon to get such a loud MIPIM shout out.

Many thanks to Colm Lauder and the Business Post for the big mention quoted below:

‘Agents Bannon has long championed Ireland’s presence at Mipim through its Great Ireland Lunch, hosted by Neil Bannon and Roderick Nowlan. Now in its 20th year, this event has established itself as the premier Irish market gathering for global institutional investors, playing a significant role in attracting international capital to Irish opportunities. Over those 20 years the need for Irish stakeholders to influence global capital has grown in significance’.

Image taken from The Business Post 

Neil Bannon joined Newstalk Bobby Kerr on Down to Business 2025

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Neil Bannon joined Newstalk Bobby Kerr on Down to Business on Saturday to delve into the topic of Dublin retail. Is it experiencing a decline or is it simply a changing of the guard?

Listen to the insightful discussion here.

Bannon Retail Pulse – February 2025

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Our latest Retail Pulse has now gone live. Despite the loss of New Look (27 stores) and Quiz (3 stores) it has been a very encouraging start to the year with a number of retailers already vying for this newly available space.

In our “Expert Insight” section Neil Bannon discusses how “Competitive Socialising” concepts can provide alternative uses in existing retail destinations.

Full report available here.

Bannon Promotions 2025

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

William Lambe has been appointed to Director of Property Management; Sarah Fortune to Divisional Director of Property Management; Cillian O’Reilly to Associate Director of Consultancy; and Daniel Murphy to Associate Director of Retail.

Will, Sarah, Cillian and Daniel are pictured with Bannon Chairman Neil Bannon and Bannon Managing Director Paul Doyle.

Paul Doyle commented; These promotions reflect on the professionalism, enthusiasm and client care shown by Will, Sarah, Cillian and Daniel in their respective areas of expertise across the business. We are extremely proud of their achievements and contributions within Bannon which is reflected in these promotions.

Mamma Mia Gelato is now open at Nutgrove Shopping Centre

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Excited to announce the opening of Mamma Mia Gelato at Nutgrove Shopping Centre! A delightful addition to our F&B selection, offering Italian ice cream, crepes, waffles, and bubble tea.

For further opportunities, reach out to Ali O’Gorman or Jennifer Mulholland

Bannon Retail Pulse – January 2025

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Our latest Retail Pulse has now gone live. In this publication our retail leasing team take a lookback at some of the notable new entrants and new store openings in 2024. Separately in our “Expert Insight” section Neil Bannon looks at the recent economic data and what this is likely to mean for the retail sector for the rest of 2025 and beyond.

Full report available here.

Bannon Retail Pulse – December 2024

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Our latest and final Retail Pulse of 2024 has now gone live. In this publication our retail leasing team provide a summary of some of the deals which we completed in 2024. Separately in our “Expert Insight” section Neil Bannon looks at the dichotomy between how the property industry is constantly looking backwards at previous transactions to establish value, whereas investors are only interested in looking forward to the future.

The team at Bannon would like to wish all our clients and the industry at large a very Happy Christmas and a prosperous New Year. Roll on 2025!

Our Retail Pulse is updated monthly and all are available on our website – www.bannon.ie.

Full report available here.

Bannon Retail Pulse – November 2024

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 ‘Our latest monthly Retail Pulse has now gone live. In this publication our retail leasing team review the various Pop Up shops that are active in the market at this time of year. Separately in our “Expert Insight” section Neil Bannon looks at the evolution of the Christmas trading period and how it is now occurs over an extended period of time and doesn’t present the same level of risk to retailers as once was the case’.

Full report available here.

Mapic 2024

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The Bannon retail team are at MAPIC for the annual retail conference. The International Retail Network (TIRN) cocktail drinks are in full swing with a really positive outlook from retailers for 2025!

Neil Bannon joined Newstalk Mandy Johnston on Down to Business 2024

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Neil Bannon joined Newstalk Mandy Johnston on Down to Business on Saturday to discuss the trend that retail property prices in the provincial retail sector seem to be increasing in value.

For the full discussion, please click here.

Bannon Retail Pulse – October 2024

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Our latest monthly Retail Pulse has now gone live. In this publication our retail leasing team review recent openings/signings in the run up to a busy Christmas period.

Separately in our “Expert Insight” section Neil Bannon looks at the evolution of lease agreements and the frustration among some European headquartered retailers with the complexity of Irish leases. In general “less is more”, however in the context of Irish leases the inverse would appear to be the case.

Full report available here.

Kiko Milano is now open on 2 Henry Street

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It’s fantastic to see KIKO MILANO open their doors on 2 Henry Street this morning. This one has been a while in the making and we at Bannon are proud to deliver this retail first to Ireland on behalf of our clients Irish Life Investment Managers.

Italian cosmetic giant KIKO Milano was founded by Antonio Percassi in 1997 and operate more than 1,000 standalone stores in 63 in countries around the world.

The opening is another positive testament for Henry Street, and Kiko join Lovisa Pty Ltd in choosing Henry Street as their first location for Irish expansion in 2024.

It was a pleasure working with Tom Pope at Lightlease who acted on behalf of KIKO Milano.

For remaining limited leasing opportunities owned by Irish Life Investment Managers on Henry Street please contact Jennifer Mulholland or James Quinlan.

 

 

 

 

 

Belfry & Co Café and ABC Gyms now open at the Crossings @ Adamstown

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Great to see the latest additions to The Crossings @ Adamstown, where Belfry & Co Café and ABC Gyms have officially opened their doors. These new openings will provide the area with a range of options for fitness, dining and coffee.

They join Dublin Bay Vets, THE GRAFTON BARBER, Tesco Ireland and Aldi Ireland who are open and trading with further openings to come soon. In an area experiencing such rapid residential growth, these openings are crucial in establishing a vibrant town centre for the Adamstown community.

For further enquiries, please contact Darren Peavoy or Mark Hayden.

 

Oakberry is now open in Maynooth, Co. Kildare

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Another busy few weeks for the OAKBERRY Ireland team, capped off with the official opening of Oakberry Maynooth!

Maynooth marks store number six for Oakberry in Ireland, with another few potential surprises to come in the run up to Christmas.

Thanks as always to OAKBERRY for their continued trust and to Coonan Property who acted on behalf of the landlord.

For further enquiries, please contact Daniel Murphy or Mark Hayden.

 

Shaws Department Stores opening at Golden Island Shopping Centre

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Wishing all at Shaws Department Stores a very successful opening this morning at Golden Island Shopping Centre Athlone. It was a pleasure to have acquired the unit on their behalf. We will be looking for more locations over the coming months.

 

Bannon Retail Pulse – September 2024

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Our latest monthly Retail Pulse has now gone live. In this publication our retail leasing team focus on city centre footfall, occupancy rates and the knock on effect on leasing activity.

Separately in our “Expert Insight” section Neil Bannon looks at some of the key macro-economic changes in the last 10 years which are impacting the retail sector. It’s hard to find the negatives in any of the data!

Full report available here.

Lettings & Lease Renewals across Harbour Place, Thurles, and Dungarvan Shopping Centres

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The Bannon retail team has had a busy few weeks working with our client, Davy, to complete a series of lettings and lease renewals across Harbour Place, Thurles, and Dungarvan Shopping Centres.

In Mullingar, we’re excited to welcome Eden Medical Clinic as the latest addition to the occupier line-up in Harbour Place. Existing occupier Love Lucy has also renewed their commitment to the centre for another five years.

Thurles Shopping Centre will soon be home to Mobile King, who are preparing to open their second Irish store in the coming weeks.

In Dungarvan Shopping Centre, Carriglea Cáirde Services will establish a new community hub, offering crucial services and support for people with intellectual disabilities in West Waterford.

These transactions underscore the continued strength of regional retail centres, and we’d like to extend our thanks to Davy for their continued trust and partnership.

For leasing enquiries, please contact Ali O’Gorman or Daniel Murphy at Bannon.

 

 

Swatch is now open on 80 Grafton Street

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Great to see our client Swatch opening their latest international flagship and their first full sized Irish store.

Located at No. 80 Grafton Street, Swatch have created a stunning new shop. The hugely popular and world’s largest watch company have had a busy start and there are plenty of Swatch bags in shoppers hands on Grafton Street.

Congratulations to the Swatch team and we wish you the best of luck!

For further leasing queries, please contact Darren Peavoy on 01-6477900.

Rituals is now open in The Square Tallaght

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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.

Bannon Retail Pulse – August 2024

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Our latest monthly Retail Pulse has now gone live. In this publication our retail leasing team focus on leasing activity in new developments.

Separately in our “Expert Insight” section Neil Bannon looks at the importance of a deeper understanding of data (the Relevance of Relativity) and how this is impacting investors appetite for the sector.

Full report available here.

Austen & Blake opening on Henry Street

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We are delighted to announce the arrival of luxury jewellery brand Austen & Blake to Henry Street, as they prepare to open their second Irish store.

This exciting addition highlights the ongoing resurgence of high street retail and retailers growing confidence in Henry Street as a premier shopping destination.

Austen & Blake will sit alongside neighbouring brands on the street, including Lovisa Pty Ltd, Pandora, and SWAROVSKI.

We look forward to seeing the store when it opens.

For further leasing opportunities please contact the Bannon retail team.

Lovisa is now open in Dundrum Town Centre

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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.

Petstop is now open in Waterford

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Another new store for Petstop  in Waterford! The quality of fitout and what is on offer is second to none with an extensive range for all your pet needs. Congratulations to all the team and we wish you the best of luck  🎉🐾

Bannon is seeking further locations nationwide for Petstop so stay tuned! 🐶

Image by: Petstop 

Pandora is now open in Marshes Shopping Centre, Dundalk

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Pandora opened their doors in Marshes Shopping Centre, Dundalk on Friday. The fit out is fantastic and this international retailer is a great addition to the strong occupier mix. There was a real buzz around the shop over the weekend and the brand is being warmly welcomed.

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

 

 

Bannon Retail Pulse – July 2024

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Our latest monthly Retail Pulse has now gone live. In this publication our retail leasing team review activity during the first half of the year.

Separately in our “Expert Insight” section Neil Bannon looks at the ongoing juxtaposition between the replacement cost of retail developments and recent Economic and Social Research Institute (ESRI) population projections. To put it simply the value of almost all existing retail assets is less than the cost of creating a new equivalent. For this reason, one must assume that there is unlikely to be any new retail stock of any significance for the foreseeable future and the demand for existing stock is likely to remain high.

Full report available here.

Boutique 10-pin bowling alley operator Lane7 to open at Dundrum Town Centre

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It has been a pleasure to be involved in delivering many of these deals for our client Hammerson. Both Lane7 and Rongcheng will be great additions to the Pembroke District F&B and Leisure offering.

Dundrum Town Centres vibrant mix of international and domestic retailers will be further enhanced with the opening of jewellery brands Lovisa and Dylan Oaks.
For further leasing opportunities at Dundrum Town Centre please get in contact with Ali O’Gorman, James Quinlan or Daniel Murphy on 01-6477900.

Full article published by The Irish Times

Bannon Retail Team on Tour

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A busy few days for the Bannon Retail team touring Liverpool, Manchester and Birmingham looking at new retail and leisure openings and getting a handle on new market trends!

Thank you to our clients Hammerson for kindly arranging an excellent and very informative tour of Bullring & Grand Central Birmingham with Dan Murphy and Ruth Amor yesterday!

 

 

 

 

EZ Living Furniture is now open in Drogheda Retail Park

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Delighted to see EZ Living Furniture open their doors in Drogheda Retail Park yesterday! Another fantastic brand addition to an already impressive line up.

For further letting opportunities, please contact James Quinlan.

 

 

 

 

Carhartt is now open on Exchequer Street

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Great news to start off the week! An exciting new brand for Dublin opening their first Irish store. This one has been a long time coming, however at last we’re delighted to see the new Carhartt shop open on Exchequer Street.
Carhartt have had to jump through so many hoops and navigate red tape and delays to create this fantastic looking shop within a listed building. There was a real buzz around the shop over the weekend and the brand is being warmly welcomed.

 

 

 

 

Bannon Retail Pulse – June 2024

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The retail team track the evolution of Occupiers on Grafton Street whilst Neil Bannon highlights the positive indicators that suggest a benign outlook for retail sales.

To view the full report, please click here.

Bannon Retail Pulse – May 2024

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Our latest monthly Retail Pulse has now gone live. In this publication our retail leasing team highlight Irish occupiers and franchisees with ongoing expansion requirements.

Separately in our “Expert Insight” section Neil Bannon looks at recent household net worth data from the Central Bank of Ireland and the impact that a reduced gearing ratio may have on retail spend.

To view the full report, please click here.

Oakberry is now open in Blackrock, Dublin

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OAKBERRY have recently opened their second Irish store in Blackrock, Dublin.

Oakberry, the world’s leading providers of Acai Bowls with over 700 stores worldwide, have officially opened their doors on Blackrock’s Main Street. The brand is committed to bringing health-conscious, delicious options to their customers, with other locations due to open in the coming months.

Bannon are now seeking opportunities nationwide for openings in Q3/Q4 of this year. If you have any potential locations in mind, please don’t hesitate to reach out to Mark Hayden or Daniel Murphy.

 

 

 

 

Urban Vets and The Grafton Barber now open in Adamstown

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The next phase of openings in The Crossings @ Adamstown is under way! Urban Vets and THE GRAFTON BARBER have now opened their new stores, in what will be the new Village Centre for the Adamstown area. They join Tesco and Aldi who are already open and trading. The Urban Vets and Grafton Barber additions are the start of the 20 further retail and food units which will make up The Crossings.

Demand for the scheme has been strong and we are excited that more lettings will be announced very soon. We look forward to seeing more stores opening and the creation of the Village Centre which will become a hub for the wider Adamstown community.

For more information on the few remaining units feel free to contact Darren Peavoy or Mark Hayden.

 

 

 

 

The Pantry now open in The Swan Shopping Centre, Rathmines

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Great to see The Pantry now open and trading in The Swan Shopping Centre, Rathmines. A really nice brand providing a high quality food offer to compliment the existing tenant mix. Further new store openings to be announced in the coming weeks.

We have limited space remaining, please don’t hesitate to get in touch with Jennifer Mulholland to discuss any requirements.

 

 

 

 

Bannon Retail Pulse – April 2024

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Our latest monthly Retail Pulse has now gone live. In this publication our retail leasing team focus on the Food & Beverage sector and in particular the most active brands in the market place.

Separately in our “Expert Insight” section Neil Bannon looks at the most recent CSO data, specifically retail sales, inflation and household savings. Are Irish consumers ready to break open the Piggy Bank?

To view the full report, please click here.

Completely Retail Marketplace 2024

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The Bannon Retail Team at Completely Retail Marketplace today with good interactions and positive discussions taking place with retailers looking to expand.

James Quinlan Darren Peavoy, Jennifer Mulholland and Daniel Murphy

 

 

 

 

 

Christine Dolan Named Business All-Star Shopping Centre Industry Business Person 2024

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Bannon would like to extend a big congratulations to Christine Dolan on being named 𝐀𝐥𝐥-𝐒𝐭𝐚𝐫 𝐒𝐡𝐨𝐩𝐩𝐢𝐧𝐠 𝐂𝐞𝐧𝐭𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐏𝐞𝐫𝐬𝐨𝐧 𝐎𝐟 𝐓𝐡𝐞 𝐘𝐞𝐚𝐫 𝟐𝟎𝟐𝟒 by the All-Ireland Business Foundation. Your hard work and dedication as a Centre Manager at Quayside Shopping Centre Sligo have not gone unnoticed, well done on this well-deserved recognition!

Bannon is very proud to be working with fantastic Centre Management teams across a wide network of shopping centres and retail parks.

Full Article Published by All Ireland Business Times 

 

Petstop is now open in Wexford

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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! 🎉🐾

Bannon is actively looking to expand Petstop’s presence nationwide and we can’t wait to see where they will pop up next!

Image by: Petstop 

Bannon Retail Pulse – March 2024

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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.

Specsavers now open in Gateway Shopping Park

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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 signs deals for four new outlets in Dublin city and suburbs

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Exciting times ahead for OAKBERRY and their Irish expansion with 4 new stores due to open over the coming weeks!

It was a pleasure to represent such a dynamic brand in securing these locations, and we look forward to further assisting the growth of the Oakberry store network around Ireland.

Bannon are now seeking opportunities nationwide for openings in Q3/Q4 of this year. If you have any potential locations in mind, please don’t hesitate to reach out to myself or Mark Hayden.

Ronald Quinlan covers the upcoming openings in today’s Irish Times ⬇

Article Published by The Irish Times 

Dungarvan Shopping Centre, Co Waterford

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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.

Society of Chartered Surveyors - SCSI Ireland

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