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Retail Sales Volume decreased by 4.2% in August 2017

Seasonally adjusted, the volume of retail sales decreased by 4.2% in the month of August, with an annual increase of 4.7%. If Motor Trades are excluded, there was an increase of 0.2% in the volume of retail sales in August 2017 when compared with July 2017 and there was an increase of 6.7% in the annual […]

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UK firm Card Factory to open six shops in Ireland

UK greeting card specialist Card Factory is to open six shops in Ireland by October and has ambitious plans for another 69 outlets over the next five years. The retailer has secured units at Northside Shopping Centre, Drogheda Town Centre and the Courtyard Shopping Centre in Newbridge along with high-street stores in Ashbourne, Dún Laoghaire and Naas. It is being advised by agent Bannon […]

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Former American Apparel shop on Grafton Street gets revamp

Owner Irish Life is carrying out a number of structural changes to the former American Apparel store near the bottom of Dublin’s Grafton Street before it can be re-let. The US chain ceased trading at the start of this year. The changes under way in the former bank building are designed to reduce the impact of three […]

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Retail Sales Volume increased by 11.9% in July 2017

Seasonally adjusted, the volume of retail sales increased by 11.9% in the month of July, with an annual increase of 2.1%. If Motor Trades are excluded, there was a decrease of 0.2% in the volume of retail sales in July 2017 when compared with June 2017 and there was an increase of 7.0% in the annual […]

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New tenant for Ilac redevelopment

Leading outdoor apparel retailer, Regatta Great Outdoors is to open a store in the newly-redeveloped Moore Mall South at the Ilac Centre. The company signed an agreement in recent weeks for the final space in the refurbished €1.5 million wing of the centre which is owned jointly by UK shopping centre giant Hammerson and Irish […]

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SCEPTRE – Young Achiever of The Year 2017 Runner Up

Congratulations to our Quayside Shopping Centre manager Christine Dolan who was runner up for the Young Achiever of The Year 2017. Bannon took over as managing and letting agents of Quayside in August 2016 and soon after it was clear that Christine was a key member of the management team, had great potential and she was […]

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Great article from Bannon’s Capital Markets Director in today’s Irish Times

Fears about the future of global retail are permeating all markets, and no more so than the property sector. Foremost among concerns is the impact of the internet and autonomous private vehicles and drones and other autonomous delivery systems. These issues have and will continue to have an impact on the role of the lowly […]

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New Tenant Secured at 83-87 Ranelagh Main Street

Bannon are delighted to have secured Xtremepush as a tenant at 83-87 Ranelagh Main Street. Xtremepush who are a mobile app analytics company will occupy 2,157 sq ft on the first floor. The letting was agreed on a 10 year term and is understood to have achieved in the region of €60,000 per annum. The […]

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Irish retail stock weathering revolution in shopping habits

Fears about the future of global retail are permeating all markets, and no more so than the property sector. Foremost among concerns is the impact of the internet and autonomous private vehicles and drones and other autonomous delivery systems. These issues have and will continue to have an impact on the role of the lowly […]

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Shopping Centre Portfolio – Performance Snapshot Q1 2017

“Footfall across the Bannon portfolio was +0.65% in Q1 2017” Our last quarterly update (Q4 2016) showed a strong close to 2016 for the Bannon Shopping Centre Portfolio with total footfall growth of 0.85% and total turnover growth of 3.45%. The portfolio consists of regional shopping centres in various locations across the country. The first […]