Investment Market Commentary
While it is still too soon to quantify the impact of the geo-political and macroeconomic backdrop on the Irish commercial property market, based on the Q1 figures and advanced pipeline transactions we anticipate that 2022 will still become one of only three years to record a turnover in excess of €5bn. To view the full […]
Pret A Manger to expand into Ireland creating 500 jobs
Around 500 jobs are to be created across the island of Ireland by coffee and sandwich chain Pret A Manger. The company is to open up to 20 shops within the next decade, as part of its entrance into the Irish market. The outlets in the Republic and Northern Ireland will be rolled out by […]
EV Charging Infrastructure Strategy 2022-2025.
Very positive news from the Department of Transport with the publication of Ireland’s first EV Charging Infrastructure Strategy 2022-2025. We have been swamped with noise around EV charging over the last number of years. Bannon has installed charging units at a number of retail centres across the country, with more in the pipeline. Whilst there is clearly […]
Retail Parks Prove to be Resilient During Covid
Looking back over the past decade the retail property market has experienced a tumultuous time. Recession following a boom, followed by a resurgence, then the impact of Brexit, Covid, the move to more on-line shopping, and more recently the war in Ukraine. Retailers and the retail property market have been the hardest hit during this […]
At a Glance: Office Market Q1 2022
Dublin office market take up has exceeded 490,000 sq.ft. across 47 transactions this quarter. Whilst this is a positive start to the year when compared to Q1 2021, it does represent a 54% decrease on Q1 2020 (pre-covid) figures. However, we would note that there is over 1,200,000 sq.ft. of office accommodation currently reserved and […]
At a Glance: Investment Market Q1 2022
A steady start to 2022 for Irelands Commercial Property Market despite the geopolitical backdrop posting a Q1 turnover of €759.4m beating both the Q1 2019 and Q1 2020 figures.
