Bannon Promotions 2024
Congratulations to Richard Merriman and Iain McGann on their promotions to Associate Director in the Bannon Property Management team. Richard and Iain play key roles in managing our property portfolio across the retail and office sectors nationwide. Wishing them both the very best of luck as they continue to be an integral part of growing the […]
Statistics on Household Savings
The Central Bank of Ireland’s most recent stats of household savings for February 2024 were neutral, having only increased by 0.7% from January. Reflecting on previous years statistics can provide a better insight into the extent of household savings in Ireland. Since 2019, savings have risen to 47%. This echoes the public’s continued desire to save since […]
Statistics on Household Debt
The Central Bank of Ireland released their statistics on household debt for February 2024. The 12 months to February 2024 saw a €1.33bn rise in household debt, a 1.3% increase. Some of this increase might be reflective of the ongoing growth in housing construction leading to more new mortgages being drawn down. The level of household savings […]
The Vacant Property Refurbishment Grant
The Vacant Property Refurbishment Grant recently caught my eye as I saw it being availed of by very enthusiastic participants. It has become the catalyst for many residential refurbishments around the country. The scheme is funded by the Croí Cónaithe (Towns) Fund “with the aim of bringing vacant and underused buildings back into residential use”. […]
Dublin Office Market 2024
The office market experienced another subdued quarter with just 197,415 sq.ft. of space transacting over 35 deals. This represents a fall on the same quarter of 2023 where 283,734 sq.ft. of space transacted and a fall from the 357,694 sq.ft. experienced in Q4 2023. Small floorplates continue to attract high levels of demand with average […]
Top health & safety scores for Bannon managed property: Athlone Town Centre
With Bannon being the largest managing agent of retail properties in the country and welcoming over 100 million people to our various schemes on an annual basis, health and safety is paramount on our list of priorities. Since 2016, Bannon has worked in partnership with health and safety consultants SeaChange Ltd. SeaChange conducts annual audits […]
