South docklands office block makes €6.9m profit in 14 months
Hibernia Reit has sold a south docklands office block for €6.9 million more than it paid for it 14 months ago. The sale, in which Bannon acted for the vendor and Knight Frank for the purchaser, is to a German pension fund which has secured an initial yield of 4.65%. This off-market transaction underlines the […]
Limerick One welcomes Petstop
Bannon are delighted to have secured Petstop for the former Maplin unit in Limerick One Shopping Park. At a rent of €24 per sq.ft for the 7,500 sq.ft unit, this letting further illustrates Limerick One’s regional importance as a premier retail trading destination.
Luas Green line metro upgrade not needed for 20 years, NTA says
The upgrade of the Luas Green line to a metro service will not be needed “for 20 years or so” the National Transport Authority (NTA) has said. The NTA has today confirmed the MetroLink line, which had been due to run from Swords to Sandyford, will terminate at Charlemont north of Ranelagh, where it meets […]
