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 […]
Eason building in the heart of Galway for sale at €8m
One of the best shops in Galway city centre is on the market for more than €8 million through agent Bannon. It is being sold on a sale-and-leaseback basis by books and stationary retailer Eason, which has occupied the building at 33 Shop Street for the past 30 years. Eason is to take a 25-year […]
Davy fund buys majority stake in Navan Town Centre for bargain €43m
A majority stake in Navan town Centre, which was on the market in 2016 for €62 million, has just been bought for about €43 million. However, the off-market sale, which was handled by Rod Nowlan of Bannon and has just received clearance from competition authorities, did not include a residential element valued at less than €5 million […]
Dublin logistics facility owned by Iput set for €3m refurbishment
Iput is to invest about €3 million refurbishing a large logistics facility it has just acquired for €19 million beside Dublin Airport. The acquisition is sizeable and significant in terms of the industrial market, which has been experiencing renewed interest from investors due to growth in online retailing. Refurbishment works are already under way at […]
Dublin hotel occupancy reached record high in 2018
Occupancy at Dublin’s hotels reached a record level last year helped by a large number of events held in the capital. According to data from travel research company STR, Dublin’s hotels far outperformed their European peers as absolute occupancy rose to 83.8% – the highest level for any year in STR’s Dublin database. Revenue per […]
