Bannon embracing change for the better

A technology refresh at Bannon property consultants has reduced IT administration costs for the company.

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Grand Canal Square – BREEAM excellent

Setting the benchmark in design, location, quality and living environment – 2, 4 & 5 Grand Canal Square has been awarded a BREEAM (BRE Environmental Assessment Method) rating of EXCELLENT. The first office building in Dublin 2 and only the second in Ireland to achieve a BREEAM Excellent.

Bannon to expand Management arm

Commercial property adviser Bannon has recently recruited nine staff and is seeking to expand its property management division.

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Dublin central gets green light from An Bord Plenala

Bannon are delighted to announce the decision by An Bord Pleanala to grant planning permission for Chartered Land’s Dublin Central Development. This decision marks the culmination of several years work by the entire team involved.

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Ban on reviews….its lose lose lose

The ‘on again off again’ saga of upward only rent reviews came to an end this week. Dermot Ahern finally decided to sign a banning order on the contentious clause under Section 132 of the Land Conveyance Reform Act after suggestions the matter was being dropped. While on the face of it this populist decision looks like progress, it is not necessarily one that is going to be applauded by either side of the deep legal divide.

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M&S new anchor for Pavilions, Swords

Chartered Land have confirmed that Marks & Spencer have signed legal documents and will become the anchor tenant for the proposed extension of the Swords Pavilions shopping centre in North Dublin.

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National Toll Roads relocate offices

National Toll Roads (NTR) has relocated their office within Citywest Business Campus to 3050 Lakedrive.

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Hutchison 3G signs lease for new HQ beside Gaeity Centre

CHARTERED LAND has announced that The Hong Kong based telecoms giant Hutchison 3G is to relocate its new headquarters to One Clarendon Row on Clarendon Street. Hutchison 3G will take 1,867 sq.m within One Clarendon Row, Dublin 2. Hutchison 3G are currently located on Suffolk Street and expect to be relocated in their new offices early in the New Year.

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Rent review law to change property market entirely

Legislation endeavouring to abolish the upward-only rent review is shaking the foundations of the property establishment. In most leases it means rents cannot fall below the prevailing rate when the rent is reviewed, usually every five years.

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St. Olaves Business Centre, Kinsealy, co. Dublin

Providing some much needed good news within the commercial property market, joint agents Bannon and Kelly Walsh have successfully let a further four units at St. Olaves Business Centre, Kinsealy.