Big-ticket office deals mask market shift to ‘beds, sheds and meds’
A cursory look at both the third quarter and year-to-date property investment volume data would indicate that it’s a case of “steady as she goes” in the market but as always, the proverbial devil is in the detail. When you pull back the curtain on the statistics, the current institutional investment mantra of “beds, sheds […]
Property Picnic Funds Collection
Some bright news on this dark Monday! The funds collection for Property Picnic 22′ is complete, and the final transfer was an unexpected €170,087 following the big cheque transfer to Cancer Trials Ireland by the Bannon Team and Louise Creevey’s family! The Bannon Charity Committee would like to extend huge thanks to the wider property industry for embracing this […]
Bannon Retail Pulse – October 2022
Occupancy rates continue to improve and retail sales reach an inflection point. To view the full report, please click here.
Investment Market Commentary Q3 2022
The Irish Commercial Real Estate (CRE) sector performed strongly in Quarter 3 with over €1.77 billion invested in Irish commercial property across 47 transactions. This figure was underpinned by the Ronan Group’s sale of the Salesforce HQ on Spencer Place and a 204-bedroom hotel for €500 million, the largest transaction by some margin. Annual turnover will […]
The Crossings, Adamstown
A 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
The 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). […]
