Shop Local this Christmas
Despite the uncertainty of COVID, it is great to see such optimism across our property management portfolio with over 40 new openings since we emerged from lockdown in May 2021. Shop Local this Christmas!
Dublin City Council session with Neil Bannon
Our chairman and head of Consultancy Neil Bannon was invited to present to Dublin City Council this morning on how to tackle retail vacancy in Dublin City Centre, really positive session with great sharing of ideas & initiatives.
Investors follow footfall into retail parks as high street shuts up shop
Covid-19 has flipped the performance of retail assets on their head. The previously-held view was that the prime to tertiary hierarchy was – city high street, major town centre, retail park, grocery retail and local necessity centres. However, in terms of demand and performance from the occupiers on the ground, this traditional hierarchy has now […]
Neil Bannon on the Future of Dublin Retail
Neil Bannon is a leading expert on retail property in Dublin. In the upcoming December 2021 issue of the Dublin Economic Monitor, Neil provides his thoughts on the future of the Capital’s retail core. In advance of the publication, the below video gives a snapshot of Neil’s views on Dublin’s retail sector and the outlook […]
Household Debt to Income
Yesterday the CSO released a version of Ireland’s national accounts. It shows that Irish Households now have more savings than ever before (€139bn up €50bn since 2016) & the debt to income ratio has fallen by half in the last decade. We have gone from being the most personally indebted consumers in Europe to being […]
Donegal Boardwalk Resort sells for more than €3.8m
A 27-villa holiday resort in Donegal has been sold for in excess of the asking price of €3.8 million. The Donegal Boardwalk Resort, situated on the Wild Atlantic Way, has been purchased by Melcorpo, a property group. Overlooking Sheephaven Bay, the resort was brought to the market in June by Bartra, and comprises 27 holiday villas, […]
Quintain’s €500m investment in Adamstown gets under way
Irish housebuilder Quintain has turned the sod on its €500 million urban hub investment in Adamstown, west Dublin, commencing construction on a 279-unit apartment development aimed at the build-to-rent market. UK grocer Tesco has also signed up as an anchor tenant at the development. Called The Crossings, Quintain’s first phase of development at the new […]
Shop Local
The retail industry in Ireland employs c285,000 people. That is 12.5% of the working population. As leaders in the sector, we are very proud at Bannon to manage over 50 shopping destinations across the country. These destinations are home to over 1,100 businesses who in turn employ 10’s of thousands of local people. Supporting trade […]
Consumers prefer real-life shopping experiences, says leading Irish retailer
Retail is back and it’s here to stay, says Christine Dolan of Quayside Shopping centre in Sligo Town. The centre manager believes that the majority of Irish consumers prefer the social experience of a trip to the shops over the convenience of e-tail. She told the All-Ireland Business Times that Quayside is busier than ever. […]
Hines completes acquisition of final phase at Chatham & King
International real estate firm Hines has formally acquired the second phase of Chatham & King, a new high-profile mixed-use scheme next to the Gaiety Theatre on South King Street in Dublin city centre. Hines’s acquisition of the 3,950sq m (42,500sq ft) portfolio marks the culmination of the €165 million deal it agreed with US private equity giant […]
