Almost eight years after pulling out of the Irish market, the high quality fashion retailer Jigsaw will be returning shortly with a new retail outlet at South Anne Street in Dublin city centre.

Jigsaw traded out of 42 Grafton Street up to 2007 when it opted to sell its lease at the height of the property boom to fashion chain Ted Baker for a premium of more than €1.4 million.

Now that property values and rents have returned to a more realistic level, the company is fitting out a new 80 sq m (860 sq ft) store in the Grafton Building on South Anne Street for which it will pay a rent of about €100,000 per annum. Neighbouring traders will include TM Lewin and Timberland.

Jigsaw was named UK retailer of the year 2014 with a turnover of more than £70 million from stores in the UK, USA, UAE, Australia and South Africa.

BNP Paribas Real Estate acted for the landlord of the South Anne Street premises while London-based Orme Retail advised Jigsaw.