Businessman Eamon Watters, owner of Panda Waste, one of Ireland’s largest waste collection and recycling companies, has acquired a substantial stake in Charlestown Shopping Centre at junction five of the M50 in north Dublin. The acquisition was made through an investment vehicle called Garristown Venture Holdings. The large-scale shopping centre and an adjoining site with […]
Manor Mills Shopping Centre has just opened a brand new Costa Coffee store and its arrival has generated a lot of excitement in the centre. Costa Coffee has invested heavily in its 1,600 sq. ft new store fit-out which has resulted in a bright, high spec coffee offering. Costa Coffee is a multinational coffee house […]
Manor Mills Shopping Centre in Maynooth has just opened a new store ‘The Natural Bakery’, an Irish company that offers a wide variety of breads, cakes, sandwiches, donuts and pastries, made fresh daily from scratch. They opened their first bakery in Kilmainham in 2013 when their owner Luke Ceighan realised there is a demand for […]
The last few years have seen a bevy of high-profile retailers either go bankrupt or close stores across the country, raising concern that brick-and-mortar retailers are doomed. It’s undoubtedly true that consumers are buying more and more goods online, and that’s putting pressure on some retailers. However, it’s important to put this in context: So […]
One of the last large scale shopping centres to be offered for sale on the instructions of Nama – Charlestown Shopping Centre at Junction 5 of the M50 in north Dublin – is expected to be of interest mainly to US private equity funds and a mixture of Irish and overseas companies planning to strengthen their position […]
The US private equity giant Oaktree has made arrangements to complete the purchase of a controlling interest in The Square shopping centre in Tallaght, Co Dublin, tomorrow. The €250 million sale by Indego and Nama was one of the largest retail transactions in Ireland in 2017. The 27-year-old shopping centre – Ireland’s largest when it first opened – registered some […]
The volume of retail sales increased by 2.6% in the month of November, with an annual increase of 6.8%. If Motor Trades are excluded, there was an increase of 1.9% in the volume of retail sales in November 2017 when compared with October 2017 and there was an increase of 7.6% in the annual figure. The […]
Planning permission for a €40m redevelopment and extension of the Red Mall at Blanchardstown Shopping Centre has been granted by the local authority. It paves the way for the creation of up to 300 more jobs at the Dublin location, which is the country’s second-largest shopping centre. Blanchardstown Shopping Centre – which is owned by […]
Two neighbourhood centres at Rathbourne in Ashtown, Dublin 15, and another one at Stepaside in Dublin 18, are expected to attract a considerable interest when they are offered for sale in two separate lots through the Bannon agency. David Carroll of Bannon is seeking €5.85 million for two shopping facilities at Rathbourne and €1.9 million for the Stepaside centre. Castlethorn Development developed […]
“Growth in sales during Q2 2017 outstrips growth in footfall” Our last quarterly update (Q1 2017) showed a mix of footfall growth and sales contraction for the Bannon Shopping Centre Portfolio. The numbers for Q2 2017 were much more positive with growth in footfall and sales of +0.37% and +2.44% respectively. Q2 2017 benefited from […]
