The Crossings, Adamstown
/in Lettings, News, RetailA very exciting site visit earlier this week for Bannon’s Consultancy Team with Quintain Ireland at The Crossings, Adamstown where Tesco Ireland and Aldi Ireland are fitting out their new stores. Bannon are delighted to be appointed as Management and Lettings Agents for The Crossings, which upon completion will be the first new Irish shopping […]
At a Glance: Office Market Q3 2022
/in Office, ReportsThe Dublin office market performed strongly in Q3 with take up reaching 819,337 sq.ft. across 60 transactions, bringing the year-to-date figure to just over 1,820,000 sq.ft. To put this figure in context, it represents a 77% increase on Q3 2021, a 256% increase on Q3 2020 and 134% increase on Q3 2019 levels (pre covid). […]
Why Ireland for retailers? Why Not Ireland.
/in Economy, News, RetailWhen a retailer considers expansion within or entry to a new territory, they must assess a wide range of factors to make a financially viable decision. Rather than Why Ireland, the Bannon Retail Team are using economic data to demonstrate to retailers – Why Not Ireland. To start, there are several key statistics to Why […]
Owners of environmentally-unfriendly offices are in for a rollercoaster ride
/in News, Office, ReportsFollowing an extended period of “head burying”, most property fund managers are bracing themselves for material negative valuer adjustments across their portfolios (with the potential exception of retail which has already been massively discounted). This trepidation is clearly derived from the escalating impacts of the war in Ukraine, spiralling inflation, rising interest rates, looming recession […]
What exactly is Croí Cónaithe?
/in Development, News, ReportsThe Croí Cónaithe scheme, which has had €450m earmarked for it over the next three years, is designed for the State to plug the gap between the cost of construction and the market value of apartments. It relates to certain areas where the sales price achievable is less than the costs of development. Funding will […]
Sustainable Future
/in News, Real Estate, ReportsWe asked our leading experts for their views on achieving a sustainable future for the Irish commercial real estate sector: General Commentary from Executive Chairman Neil Bannon Sustainability impacts everybody, whether it is investors securing the long-term value of their assets, corporate occupiers demonstrating their environmental credentials to clients and staff, retailers reacting to shifts […]