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Irish Consumer Sentiment

Predictably Irish Consumer Sentiment has dropped significantly in the face of an onslaught bad news; interest rates up, cost of living crisis, energy bills and the ongoing War in Ukraine. What will be interesting to watch is how this drop in sentiment manifests itself in retail sales. To date year on year retail sales have […]

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Revaluation 2023

Revaluation 2023 is about to get underway in earnest with Proposed Valuation Certificates due to issue to ratepayers in the coming days. Bannon has significant expertise in achieving substantial savings on behalf of ratepayers across the full spectrum of commercial real estate.

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The Proven Resilience of Ireland’s Community Shopping Centres

What is a Community Shopping Centre?  Community Shopping Centres are characterised by a large supermarket anchor usually occupying over 50% of the scheme’s floor area. The balance of occupiers is typically complimentary or ancillary to the grocery offer, providing daily and weekly convenience needs to serve the local catchment such as butcher, pharmacy, coffee shop […]

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Bannon Retail Pulse Report – August 2022

Bannon’s latest monthly Retail Pulse has now gone live. Our focus in this publication is on New Developments, where we identify a number of new retail schemes due for completion in the next 24 months. On our footfall monitor more positive trends feature with High Street footfall, by example, showing a 25% increase year on year. To […]

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Retail Sales vs Consumer Confidence

August recorded a small but continuing drop in consumer confidence, to a 22-month low, as households prepare themselves for further price pressures according to KBC Bank Ireland. What is interesting is the mismatch between what Irish consumers are saying and what they are doing. Retail sales which traditionally track consumer confidence with a short lag period, […]

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Office Market Commentary Q2 2022

The Bannon Dublin Office Market report is available now. Take up for the second quarter of the year reached 511,549 sq.ft. across 61 transactions, bringing the year to date figure to just over 1,000,000 sq.ft. A substantial increase on the same period last year, when just 232,523 sq.ft. of take up was recorded. Market sentiment […]

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The Warehouse Gym opens in Gateway Shopping Park, Co. Galway

Bannon welcomes The Warehouse Gym to Gateway Shopping Park, Knocknacarra, Co Galway. The Warehouse Gym is a great addition to the shopping park and no expense was spared in its development.

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Bannon Retail Pulse Report – July 2022

The Bannon Retail Pulse July 2022 issue is now available. This month, our Executive Chairman Neil Bannon focuses on the juxtaposition between robust economic statistics and a persistently negative narrative. Read Neil’s commentary ‘The Most Depressing Boom’ on page 4. To view the full report, please click here.

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Investment Market Commentary Q2 2022 – July 2022

The H1 Bannon capital markets report is out now and worth a read as Roderick Nowlan feels certain sectors are passing an inflection point…. To view the full report, please click 

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At a Glance: Investment Market Q2 2022

Strong outturn for H1 in the Irish CRE sector with total turnover breaking €3bn with the benefit of a €1.1Bn Hibernia REIT deal.