Understanding Smiggle’s model, we used our expertise to advise where their initial focus should be placed for unit acquisition. As Smiggle was a new entrant we began by providing them with research on the economy, customers and spend patterns, the Irish market and retail hierarchy. As they were a new entrant to the market, we prepared a detailed presentation on standard leasing terms. We compiled a list of target locations detailing footfall, scheme size, current retailers, available units and sample costs. The Bannon team commenced negotiations and agreed rental terms, occupier incentives, lease structure, break options and additional Smiggle specific requirements. On finalising terms, we assisted the legal team in bringing the deals to lease signing.