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Bannon KeepCups and Chilly’s Water Bottles

The Bannon KeepCups and Chilly’s water bottles arrived today for all staff. As a firm we are strongly committed to reducing waste and promoting wellbeing. No more plastic coffee cups for the Bannon team!

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Enhanced PART V Obligations

The Affordable Housing Act 2021 brought about changes to the Part V process.  The most significant change is the requirement for new housing developments granted planning permission after 3rd September 2021, to have a 20% rather than 10% Part V (social and affordable) provision.  Of the increased 20% provision, at least half must be allocated […]

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Bannon Retail Pulse Report – April 2022

We are delighted to share our latest Bannon Retail Pulse. This month we focus on the Food & Beverage Sector where we report on strong take-up and low vacancy across the sector. Our Retail Pulse is updated monthly and all are available on our website www.bannon.ie. To view the full report, please click here.  

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Benefits of Property Management Due Diligence for Investors

At Bannon we manage over 75 individual commercial assets including Shopping Centres, Retail Parks, Neighbourhood Schemes, Multi Let and Single Let Offices. This represents over 7 million sq.ft of commercial real estate in Ireland, with an estimated value of €2 billion. Given our involvement and exposure within this industry, we are regularly engaged to assist […]

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Niche Area of Supermarket/Convenience Going Concern Valuation

Property valuations tend to be of the ‘bricks and mortar’ variety, i.e. producing a valuation of the physical building either with vacant possession or based on an investment income stream.  In addition to these traditional valuations, the Bannon team regularly undertake specialised valuations of a trading going concern.  This involves valuing not only the building […]

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Investment Market Commentary

While it is still too soon to quantify the impact of the geo-political and macroeconomic backdrop on the Irish commercial property market, based on the Q1 figures and advanced pipeline transactions we anticipate that 2022 will still become one of only three years to record a turnover in excess of €5bn. To view the full […]

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Pret A Manger to expand into Ireland creating 500 jobs

Around 500 jobs are to be created across the island of Ireland by coffee and sandwich chain Pret A Manger. The company is to open up to 20 shops within the next decade, as part of its entrance into the Irish market. The outlets in the Republic and Northern Ireland will be rolled out by […]

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EV Charging Infrastructure Strategy 2022-2025.

Very positive news from the Department of Transport with the publication of Ireland’s first EV Charging Infrastructure Strategy 2022-2025. We have been swamped with noise around EV charging over the last number of years. Bannon has installed charging units at a number of retail centres across the country, with more in the pipeline. Whilst there is clearly […]

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At a Glance: Office Market Q1 2022

Dublin office market take up has exceeded 490,000 sq.ft. across 47 transactions this quarter. Whilst this is a positive start to the year when compared to Q1 2021, it does represent a 54% decrease on Q1 2020 (pre-covid) figures. However, we would note that there is over 1,200,000 sq.ft. of office accommodation currently reserved and […]

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At a Glance: Investment Market Q1 2022

A steady start to 2022 for Irelands Commercial Property Market despite the geopolitical backdrop posting a Q1 turnover of €759.4m beating both the Q1 2019 and Q1 2020 figures.