Bannon Commercial Property Consultants Ltd. Chooses Yardi Software for Asset and Property Management

The Ireland-based commercial property practice will drive efficiencies in their property management portfolio and tenant management with the Yardi platform DUBLIN, Ireland (16, November 20) – Bannon Commercial Property Consultants Ltd. (Bannon) will manage over 7 million square feet of real estate on Yardi® Voyager, a cloud-based property management and accounting platform. The firm will also adopt […]

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Shopping Centre Portfolio – Footfall

In general the footfall across our portfolio is remarkably consistent every year, however 2020 is very different. We remain hopeful that people will shop with purpose when the restrictions are eased at the start of December. Businesses across the country need a strong finish to the year and we can all help to make it […]

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Neil Bannon on the Imposition of Essential Goods

The inconsistent and illogical nature of the imposition of essential goods only sales in retail across the country is causing serious damage to the sector. We have reports from across the portfolio of local Jewellers who are operating on a Click & Collect basis being told to pull their shutter, a news agency being advised […]

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Neil Bannon – September Retail Sales

September Retail Sales indicate that at least one part of the economy is definitely experiencing a K shaped recovery. The stellar numbers that continue to come out of the DIY sector (YOY: Hardware +27.6% YOY, Electrical +21.1% & Furniture +11.9%) contrast sharply with Bars which are predictably down 48%. What’s interesting is that total value […]

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At a Glance: Investment Market Q3 2020

David Carroll, Investment Director – “Q3 2020 turnover of €681m continued to illustrate the domination of PRS investment versus other asset classes with circa. 70% of value attributed to the sector. Covid-19 impacts continue to effect the supply and demand factors of traditional investment sectors. There is now close to €2bn of office product being […]

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At a Glance: Office Market Q3 2020

Lucy Connolly, Divisional Director – “Covid-19 continued to impact the Dublin office market in Q3 with 230,000 sq.ft. of take up recorded across 29 transactions, bringing the YTD figure to 1.38M sq.ft. relative to 2.12M sq.ft. for the same period in 2019. Going into Q4, there is 360,000 sq.ft. of office accommodation reserved”.

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Neil Bannon – Retail Sales

As per the Retail Sales figures released by the CSO and our own experience across our retail park portfolio DIY & Household goods sales have been the stand out performer of the Retail sector since March. Retail Parks continue to perform well with rolling restrictions on other retail outlets redirecting spend into home improvements. Interestingly […]

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At a Glance: Office Market Q2 2020

Lucy Connolly – Divisional Director – “The anticipated impact of covid-19 on the Dublin office market translated to a take up figure of 75,000 sq.ft. this quarter. We do expect to see a busier Q3 with over 700,000 sq.ft. of accommodation reserved, with some large transactions close to completing in the coming weeks. We commenced the quarter […]

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At a Glance: Investment Market Q2 2020

David Carroll, Investment Director – “Q2 turnover of €430m reflected the impact of C-19 on the commercial market. 20 deals were completed with 78% of turnover attributable to just four transactions”.

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At a Glance: Office Market 2019 in Review

With 3 transactions in excess of 100,000 sq. ft. take-up reached an impressive 1.2m sq. ft. in Q4. This brings the year-end total to 3.29m sq. ft. across 204 transactions. Full report to follow.