Retail giants poised to land in Dublin
/in Economy, News, Retail, Shopping CentreRetail Giants Poised to Land in Dublin. Neil Bannon commented that “retailers should fill the street by the first half of 2022. We will see Grafton Street pivot away from a UK-dominated high street mix to a more international mix”. Full article available in The Sunday Times.
Changes to Pension rules out Commercial Property Purchases
/in News, Real Estate, ReportsFollowing the government’s transposition of IORP II, any new One Member Arrangements (OMA) will now be largely prevented from borrowing for their investments and be required to hold at least 50% of their investment in regulated markets e.g. listed shared and/or bonds. Commercial properties had been an attractive option for OMA pension funds which […]
Slane lands with residential and commercial potential guiding at €3.75m
/in Development, Land, News, ReportsAgent Bannon is guiding a price of €3.75 million for a 46-acre landbank strategically positioned on the Slane Road between the M1 motorway and Drogheda town centre. The property, which is in agricultural use currently, is expected to see strong interest from both residential and commercial developers, given its potential to accommodate a variety of […]
Bannon Shopping Centre Portfolio – Footfall (2019, 2020, 2021)
/in Economy, News, Reports, Retail, Shopping CentreIn a normal year we welcome in excess of 100 million people into Bannon managed shopping centres. As is evident from the chart below the last 12 months have been very different. That said we remain hopeful that the end is now in sight and we look forward to seeing the portfolio back to full […]
After the pandemic: in Dublin’s bare city
/in Economy, News, Reports, Retail, Shopping CentreAfter the pandemic: in Dublin’s bare city. Our streets must be reimagined to entice visitors rather than cater to workers. Bannon advises on this in The Sunday Times.
At a Glance: Office Market Q1 2021
/in News, Office, ReportsCovid 19 and level 5 restrictions have continued to impact the Dublin office market this quarter with just 14 transactions recorded across the sector. As the vaccination rollout continues we are seeing a notable increase in market activity and re-activation of requirements, as companies plan for a return to the office. This is highlighted further […]