Services

If you are a landlord or prospective tenant with office requirements, we can offer extensive knowledge of the current market and the following services:

• Sales, Letting and Negotiation
• Rental advice
• Marketing
• Transactional and legal liaison

We have also compiled a comprehensive database of prospective purchasers and tenants seeking opportunities in the office market.

We offer Corporate Occupier Advice covering a range of areas.

Experience

The Bannon office team is dedicated to providing a consistent and quality service to our clients. We offer a full range of services, from consultancy on conception of initial design of developments and refurbishments, through to lease structures and marketing strategies to successfully dispose of completed schemes. Our agency team approach each disposal with similiar key principles including understanding each assets potential, know the potential end – users and how an asset will appeal to those users and communicate the message to the target market effectively.

Over the last 12 months we have successfully, let, sold, acquired and advised on a wide range of office properties, delivering the highest standards of professional advice, guiding clients through every stage of the office cycle.

Key Contacts

Services

Bannon’s highly experienced investment team specialise in both the sale and acquisition of individual assets or portfolios of Irish assets across all the market sectors of office retail and industrial.

Disposals

We provide advice on all aspects of domestic disposals from initial valuation and pre-sale assessment to identify the most appropriate route to market. With numerous in-house requirements and an ongoing awareness of the most active investment requirements in the market we also offer the opportunity to privately market product on a targeted ‘off market’ basis prior to activating, if required, a full public marketing campaign.

Acquisitions

From identifying investment opportunities to simply assessing “value for money” our core objective is to furnish our clients with up-to-date expert advice in respect of all aspects of a properties acquisition. We deliver a comprehensive due diligence service including detailed lease review, covenant assessment and identifying asset management opportunities. We liaise with all real estate advisors involved in the transactions from solicitors to building surveyors and maintain communication between them and the client for the duration of the transaction.

Internationally, we feel we provide a broader acquisition service than the traditional agency’s practices as we are not confined to use only one UK or European estate agency. We source product, local knowledge and due diligence services from a range of boutique firm’s throughout the UK and Europe which we feel delivers our clients a superior service in an increasingly specialised property environment.

Deal Structuring/Development Finance

As a result of a more constrained lending environment the importance of maximising development finance options is critical, e.g. forward funding and forward sale options. In this regard putting structures in place to maximise the potential of any development, both in terms of lot size and the provision of a ‘multi-ownership structure’ is key. Similarly the documentation that falls out of such structures, such as co-ownership agreements, can have a significant impact on the marketability and value of both the element disposed and those retained.

The investment team in Bannon have been at the forefront of these structures over the years with an involvement in the countries most high profile forward sales (South King Street) and co-ownerships (Ilac, Pavilions).

Experience

Bannon’s highly experienced investment team have been at the forefront of commercial investment over the past 24 months having either sold or acquired nearly €1billion of investment properties. We have advised a diverse range of investors and vendors including domestic and international institutions together with foreign private equity firms.

Key Contacts

Services

Whether you are an owner or occupier seeking to acquire or dispose of a warehouse, storage or logistics premises we provide a full range of advices and services to meet your requirements:

• Sales, lettings and negotiations
• Freehold and leasehold acquisitions
• Advice to landlords and tenants on lease re-gears

Our involvement and knowledge of the industrial market makes us best placed to offer strategic ‘added value’ advice to our Clients.

Key Contact

Services

The team at Bannon has extensive experience in providing Development Consultancy advice for a range of land owner categories and asset classes.

Bespoke Reports

• Bespoke reports identifying opportunities in specific city districts and sectors
• Acquisition support data on market transactions and competing development schemes

Acquisition Advice

• Development appraisals produced on a number of software platforms to allow for tailored advice (including for private developers, financial institutions and private equity development partners)
• Assessment of development potential and investigation of opportunities to increase KPIs
• Negotiation with key stakeholders including vendors and joint venture/funding partners

Development Consultancy

• Value engineering proposed schemes of development to improve both the resulting real estate and subsequent financial returns
• Identification of uses and specific occupiers that will produce optimum scheme profitability
• Monitoring development plans to protect and improve asset values
• Liaising with other professional advisors such as Town Planning Consultants, Architects, Solicitors, Tax Advisors and Funders
• Participating in Design Team meetings to optimise design

Disposals

• Identification of the optimum purchaser of specific assets to maximise financial return whilst minimising execution risk
• Selection of optimal marketing strategy and implementing targeted marketing campaigns both on- and off-market
• Negotiation of contract terms with preferred purchasers
• Co-ordinating Professional Teams (solicitors, accountants, land surveyors) to ensure swift transaction completion

Experience

The Bannon Land and Development Consultancy team is committed to consistently supplying best-in-class advice to our clients who range from Private Individuals to PLC’s, Religious Congregations to Financial Institutions.

Over the last 12 months alone we have successfully acquired, sold and provided development consultancy advices on a diverse collection of development assets. These have ranged from regionally located, zoned, greenfield development site to office development sites in Dublin’s Docklands. We have successfully taken projects across the country through re-zoning, planning permission, Compulsory Purchase Orders and joint venture partnerships. Our team’s broad range of experience ensures that our clients benefit from our knowledge and data.

Key Contact