×
3 788
Fashion Jobs
SHISEIDO
Shiseido Account Manager - h Beauty Edinburgh (37.5 Hours)
Permanent · Edinburgh
SHISEIDO
Clé de Peau Beauté Account Manager - h Beauty Edinburgh (37.5)
Permanent · Edinburgh
TJX EUROPE
Merchandising & Buying Placement Programme (2023)
Permanent · Grand Londres
TK MAXX
Loss Prevention Advisor-tk Maxx Balham-Full Time
Permanent · London
TK MAXX
tk Maxx - Loss Prevention Officer - Full Time - Ilford
Permanent · Ilford
MULBERRY
Commercial Finance Manager – UK/ eu Trading & Global Revenue
Permanent ·
UNDER ARMOUR
Stock Teammate, pt (32 Hours)
Permanent · BICESTER
HUGO BOSS UK LTD.
Warehouse Operations Manager
Permanent ·
HUGO BOSS UK LTD.
Finance Analyst - Ecommerce
Permanent ·
HUGO BOSS UK LTD.
Project Coordinator
Permanent ·
NEWELL
Sales Manager (a&c) - Ecommerce
Permanent · LONDON
NEWELL
International Tax Manager Emea
Permanent · LONDON
JOHN LEWIS
Loss Prevention Partner
Permanent · HORSHAM
JOHN LEWIS
Loss Prevention Partner
Permanent · HIGH WYCOMBE
FRASERS GROUP
Warehouse Shift Manager - Day Shift
Permanent · SHEFFIELD
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · MACCLESFIELD
FRASERS GROUP
CRM Assistant
Permanent · SHIREBROOK
EVERLAST GYMS
General Manager - Everlast Fitness
Permanent · SOUTHPORT
BOOHOO GROUP
us Compliance Analyst
Permanent · MANCHESTER
HARRODS
Manager - Online Administration And Returns
Permanent · THATCHAM
FARFETCH
Senior Legal Counsel - Commercial
Permanent · LONDON
FRASERS GROUP
Delivery Manager
Permanent · BASINGSTOKE
Published
Dec 2, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Grafton Street’s appeal keeps retail rents surging on key Dublin destination

Published
Dec 2, 2016

Retail rents on key Dublin shopping thoroughfare Grafton Street will continue to outpace growth in wider retail rents in Ireland, property consultant Savills Ireland said.

Rents across the country are set to rise for the next two years but the pace of growth should slow. Rents have grown significantly in recent years and should rise again by around 7% up to the middle of 2018, although they will rise by nearly 10% on Grafton Street.

Grafton Street remains a key attraction for stores in Dublin but rents are high - Photo: commons.wikimwedia.org


Savills figures show that Grafton Street rents rose 13.9% in the 12 months to September as it continued to be a major attraction for global brands. Big names due to open there soon include & Other Stories and Victoria’s Secret, which have chosen the street for their Irish debuts.

Grafton Street remains one of the most expensive streets in the world on which to rent stores.

The rent hikes are being driven by a more vibrant economy as unemployment falls. Savills director of research Dr John McCartney said: "Fundamentally, consumer confidence ebbs and flows. The real determinant of retail rents is jobs growth, which has continued to be really strong with 2.9% growth in the last 12 months, or 57,000 jobs."

But while the lack of available space will also be a factor in pushing up property prices, Savills said that “after three years of compounding rental growth, base effects are now beginning to dampen annual percentage increases.”

Copyright © 2023 FashionNetwork.com All rights reserved.