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Prime Temple Bar retail block sells for €11.2m

The busiest retail block in Dublin’s Temple Bar area, including the Elephant & Castle restaurant, has been bought by a fund managed by Davy Real Estate. The €11.2 million paid for the Crampton Buildings is almost €3 million more than they made just over three years ago when they were acquired by the Dublin-based investment manager Ardstone […]

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Industrial facility in Santry sold

Bannon has recently completed the disposal of an industrial facility in Airways Industrial Estate, Santry. The building, which was sold with vacant possession, extends to 4,139 sq.m (44,552 sq.ft) and comprises a four bay warehouse with ancillary offices. The property was offered for sale at €1.25m and following strong interest during the marketing campaign a […]

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€40m plan to expand shopping centre in Dublin is approved

Planning permission for a €40m redevelopment and extension of the Red Mall at Blanchardstown Shopping Centre has been granted by the local authority. It paves the way for the creation of up to 300 more jobs at the Dublin location, which is the country’s second-largest shopping centre. Blanchardstown Shopping Centre – which is owned by […]

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Big block of Temple Bar goes on sale for €11.75m

One of the key retail blocks in Dublin’s busy Temple Bar, including the hugely successful Elephant & Castle restaurant, is to be offered for sale at €11.75 million. At that valuation, the next owner can bank on an income yield of 5.7%. Ardstone Capital, the Dublin-based private investment manager that bought the portfolio in summer 2014 […]

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New tenant for Ilac redevelopment

Leading outdoor apparel retailer, Regatta Great Outdoors is to open a store in the newly-redeveloped Moore Mall South at the Ilac Centre. The company signed an agreement in recent weeks for the final space in the refurbished €1.5 million wing of the centre which is owned jointly by UK shopping centre giant Hammerson and Irish […]

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Retail warehouse in Letterkenny for sale for €3.7m

Commercial agents Bannon are quoting €3.7 million for a high-profile retail warehouse investment at Letterkenny, Co Donegal, which it said will provide a net income yield of 11%. The 2,804 sq.m (30,203 sq.ft) warehouse is occupied by Currys PCWorld and Crown Paints at a combined current rent of €428,000 and a weighted average lease term […]

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Distribution Facility Sale in Naas Enterprise Park

Bannon has recently completed the sale of an extensive 45,500 sq.ft warehouse/distribution centre in Naas Enterprise Park, Co. Kildare (formerly Toughers Industrial Estate). The modern facility was let to  Pharmapac Ltd at an annual rent of €132,000 from April 2015.  The sale price equates to an net initial yield of just over 10% to the […]

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Development site in Navan for €600k

A 6.67 acre development site located next to the hugely successful Navan Retail Park is being offered for sale by joint agents Bannon and Raymond Potterton with a guide price of €600,000. The site has extensive frontage on to the N51 and is located less than 2km from the M3 Motorway, the main route that […]

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Paddy Power premises could be a good bet with 8.40% return

Bannon is selling for €950,000 what it describes as a “nice compact Paddy Power investment” in the centre of Shankill Village in south Co Dublin.

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Charlesland Neighbourhood Centre for sale at €4.9m

A neighbourhood centre is the fast-growing commuter town of Greystones is on the market at €4.9 million through agent Bannon.