A round-up of today's other stories in brief
Retailers sign up beside Tesco
DTZ Sherry FitzGerald has found tenants for three retail units alongside the newly opened Tesco supermarket beside the Kildare Outlet Village off the M7.
The units have been let to Costa Coffee, Naas Pharmacy and Doyle's Butchers who are to open next month. Louise Donnelly of DTZ, who acted for Tesco, secured rents of around €376 per sq m (€35 per sq ft) for the three units.
Receiver saleson the rise
A new report by Savills shows that a significant proportion of industrial buildings that came on the market last year were handled by receivers. This trend was likely to continue in 2012.
Take-up levels were 35 per cent lower than in 2010. Rents had adjusted considerably as tenants negotiated better deals. Most notably the gap between prime and secondary rents had narrowed while deals on tertiary premises were in some cases being done at a low of €20 per sq m (€1.85 per sq ft) for 12 months.
Homestore and More/Lidl for Nutgrove
Homestore and More and Lidl are to open stores in the Nutgrove centre, Rathfarnham, Dublin 14, filling space once occupied by Homebase.
The new traders have agreed rents of less than €193 per sq m (€18 per sq ft) for their shops, which will open in the summer. Homestore and More will take a unit of 2,265sq m (24,380 sq ft) - its 11th outlet. The company is shortly to complete contracts for another store and is looking for trading opportunities, particularly in Galway, Kinsale Road in Cork and Kildare.
Lidl will have a unit of 1,858sq m (20,000sq ft) which is likely to prove a powerful anchor for the centre. CBRE is marketing three remaining shops at Nutgrove.
€35,000 rent for own-door office
It is seldom that own-door office buildings on Clanwilliam Square in Dublin 2 come on the rental market. For that reason Brown Corrigan chartered surveyors is expecting early interest in number 12, a three-storey building with 154sq m (1,657sq ft). A rent in the region of €35,000 is being quoted for the building which is fully furnished and comes with two car-parking spaces.
Diep at Home opens takeaway
Diep at Home, the Thai food takeaway specialist, has opened a new outlet at the old Dundrum shopping centre in south Dublin. Last year it also opened a store in Drumcondra - its seventh in the Dublin area.
Apart from its flagship Diep Le Shaker restaurant in Pembroke Lane, it also has takeaways in Ranelagh and Blackrock, and noodle bars at Morton's on Hatch Street and at T2, Dublin Airport.
Diep's Matthew Farrell says there is a plan to open stores across Ireland.
