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Bannon secures new tenant for Woodford BP

Bannon has secured a new tenant for a modern warehouse unit extending to 9,450 sq.ft at Unit 6.2 Woodford Business Park, Santry. Hella Group, the global car parts manufacturer, has agreed a letting of Unit 6.2 to cater for expanded product lines in the Irish market and to secure the company’s future growth.

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Regatta Flagship Store Opening Today

Regatta, the high performance outdoor wear brand, is opening a flagship store at the Pavilions Shopping Centre today, with another store to follow in Athlone Town Centre soon. Congrats to the Bannon letting team.

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High Court decision in the Bewleys case overturned

High Court decision in the Bewleys case overturned. Supreme Court unanimously finds that the upward only rent review provision in the lease stands.

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Changes to Commercial Rates Law effective today, 1 July 2014

Changes to Commercial Rates law, which come into effect today, 1 July 2014, allow businesses to take up new premises without fear of facing rates arrears from previous occupiers whilst not affecting the collection powers of the relevant local authorities to recoup the rates arrears in question.

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Summary of “The Commercial Property Review & Outlook 2014”

A Summary of the Commercial Property Review & Outlook 2014 published by the Society of Chartered Surveyors Ireland (SCSI), which reveals the office sector in Dublin is leading the way in the Irish Commercial Property Market.

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Strong rise in housing and commercial construction sectors since 2006

Both the housing and commercial construction sectors saw stronger rises in activity than in February during March, with rates of expansion at three-month highs in each case. Meanwhile, the rate of decline in civil engineering activity slowed for the second month running and was the weakest since last November.

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Blackrock Business Park – For Sale or To Let

New to the market is Block 9 Blackrock Business Park, Blackrock, Co. Dublin – For Sale or To Let (On the instructions of Brendan O’ Donoghue, Russell Brennan Keane (Receiver).

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€3.5m for landmark Lafayette Building

The Lafayette Building, one of Dublin’s best known privately owned structures is coming to the market through Bannon with a quoting price of €3.5m.

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High yielding long term investment in Sligo town centre

Two commercial units within Blessington Business Park, Co. Wicklow have recently come to the market through agents Bannon, acting on behalf of Joint Receivers Kieran Wallace and Sarah Jane Pentony of KPMG.

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Bewley’s Grafton Street Rent Review Case

Interpretation of Rent Review Clause on 78/79 Grafton Street, Dublin 2 by Des Byrne, Director