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DUNDRUM TOWN CENTRE DUBLIN
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Page 1: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

DUNDRUM TOWN CENTREDUBLIN

Page 2: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION

Dundrum is located in the affluent southern Dublin catchment, is anchored by House of Fraser, M&S and Penneys and provides 120 shops, 40 restaurants, a 12-screen cinema as well as 3,400 car park spaces.

The centre is well-positioned to capture the growing retail spend in Ireland and delivered like-for-like sales growth of 3% and a footfall increase of 0.9% over the 12 months to 31 March 2016 to 18.3 million.

Page 3: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

Dundrum has the highest market potential of any retail location in Ireland after Dublin city centre (CACI’s retail footprint).

UK retailers in Dundrum typically enjoy trading densities 14% higher than their UK portfolio average (SHOPSCORE analysis).

Dundrum is the largest shopping centre in Ireland and the country’s third largest retail venue after Dublin City and Cork City.

After Kildare Outlet Village, Dundrum has the most aspirational mix of retailers of any shopping centre in Ireland (VENUESCORE market position index).

Page 4: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

IRELAND

Ireland is one of the top four countries in the world for business*

NATIONAL RANK

WEIGHTED SCORE

MARKET POSITION INDEX

FASHION POSITION INDEX

DUBLIN, CENTRE NORTH 1 249 100 102

DUBLIN, CENTRE SOUTH 2 240 108 108

CORK, CENTRE 3 219 108 103

DUNDRUM, CENTRE 4 191 114 107

GALWAY, CENTRE 5 172 107 102

NATIONAL RETAIL RANKINGS TOP 5

*Forbes, 2015

1,033:

Top10

50+

9 10

9 10

12 15

3 6

Global pharmaceuticalcorporations*

Global medical device companies*

Top “Born on the Internet” companies*

of the world’s leading Financial Services firms*

Global ICT corporations*

Total number of overseas companies in Ireland, with:

Top games companies*

*www.idaireland.com

Page 5: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

OFFICE SPACE& WORKERS

YEAR 0 - CURRENT 1 - END 2016 2 - 2017 3 - 2018 4 - 2019 5 - 2020 6 - 2021

BUILT SPACE 10,477,504 10,477,504 10,602,904 11,058,895 11,613,981 12,946,365 13,455,430

TOTAL PIPELINE 0 125,400 479,990 616,763 1,665,480 636,331 280,165

PROBABILITY 0% 100% 95% 90% 80% 80% 80%

0 125,400 455,991 555,087 1,332,384 509,065 224,132

TOTAL SPACE 10,477,504 10,602,904 11,058,895 11,613,981 12,946,365 13,455,430 13,679,562

VACANCY 5% 5% 5% 5% 5% 5% 5%

OCCUPIED SPACE 9,953,629 10,072,759 10,505,950 11,033,282 12,299,047 12,782,659 12,995,584

APPROX. WORKERS 90,488 91,571 95,509 100,303 111,810 116,206 118,142

INCREASE YoY N/A 1% 4% 5% 11% 4% 2%

SOUTH DUBLIN OFFICE SPACE 110 SQ FT PER WORKER

CATCHMENT OFFICE SPACE (SQ FT) CATCHMENT OFFICE WORKERS

14,000,000

13,500,000

13,000,000

12,500,000

12,000,000

11,500,000

11,000,000

10,500,000

10,000,000CURRENT END 2016 2017 2018 2019 2020 2021

OFF

ICE

SPA

CE

(SQ

FT)

120,000

115,000

110,000

105,000

100,000

95,000

90,000

85,000

80,000CURRENT END 2016 2017 2018 2019 2020 2021

OFF

ICE

WO

RK

ERS

Dundrum Town Centre is located in the affluent south Dublin catchment; it is close to Leopardstown and Sandyford which are home to major suburban office locations (including Microsoft, Oracle and Vodafone). The new Microsoft Leopardstown campus is set to open in 2017.

Page 6: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

DUNDRUM

1.2m

18.3m

Retail and leisure space

Footfall in 2015

Shops 12-Screen Cinema

sq ft

120 1Restaurants40

KEYDundrum Town Centre

Dundrum Phase 2 Development Site

Dublin Central Development Site

Ilac Centre

Pavilions, Swords

Blanchardstown Shopping Centre

Liffey Valley Shopping Centre

Grafton Street

The Square Tallaght

Dublin Airport

Aviva Stadium

Connolly Station

Heuston Station

Luas Lines

DART Line

Dublin Port

To Belfast

To Derry

To Navan/Cavan

To Galway/Sligo

To Cork/Limerick/Waterford

To Wicklow

Dun Laoghaire

Page 7: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

DUNDRUMSHOPPER PROFILE

AgeProfile

75% female25% male

1hr 59mins

39x

Average dwell time

Average visits per year

€2.1bnWithin the Dundrum shopping population*

available spendper annum

*Millward Associates

ALL PRIMARY SECONDARY TERTIARY OUTER

A 7% 5% 5% 4% 1%

B 26% 32% 24% 22% 17%

C1 39% 34% 33% 36% 41%

C2 14% 13% 24% 19% 28%

DE 14% 15% 14% 19% 13%

Almost 5,500people are employed within Dundrum Town Centre

ABC1PrimaryCatchments

5,500 72%

Than any other regional shoppingcentre in Ireland

Higheraveragespend

Page 8: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

RETAIL STORES

Anchor Stores

Premium Stores

High Street Stores

Page 9: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

DINING & LEISURE

Page 10: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

RECENTLETTINGS

NEW RETAILERS TO IRELANDDundrum has 30+ retail “firsts” for Ireland

AUTUMN/WINTER FASHION SHOW

DUNDRUMEVENTS

RUNWAY RULES CHRISTMAS

AUTUMN/WINTER FASHION SHOW SHOP & ROCK

CHRISTMAS

Page 11: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

LEVEL 1

AVAILABLE TERMS AGREED

LEVEL 2

AVAILABLE TERMS AGREED

Page 12: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

LEVEL 3

AVAILABLE TERMS AGREED

Page 13: DUNDRUM TOWN CENTRE - Savillssearch.savills.ie/.../Retail/Dundrum-Town-Centre---Retail/...ext=.pdf · DUNDRUM TOWN CENTRE IS IRELAND’S PREMIER RETAIL AND LEISURE DESTINATION Dundrum

The Agents for themselves and for the Vendors or Lessors of the property whose agents they are give notice that; I. these particulars are given without responsibility of the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or part of an offer or contract, II. The Agents cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use an occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them, III. no employee of the Agents has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; IV. VAT may be payable on the purchaser price and/or rent. All figures are quoted exclusive of VAT. Intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; V. The Agents will not be liable, in negligence or other wise, for any loss arising from the use of these particulars. September 2016

LARRY BRENNANE: [email protected]: +353 87 261 7115

ANNA GILMARTIN E: [email protected]: +353 86 350 0061

www.savills.ie

CLAIRE-ANN MINOGUEE: [email protected]: + 353 87 661 7505

www.hammerson.com

BERNADINE HOGAN E: [email protected]: +353 87 385 5200

NIAMH SHEAHAN E: [email protected] T: +353 87 759 9900

www.cbre.ie


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