Staff at the opening of the Tiger store in the Marshes Shopping Centre back in June. Other big names are expected in the centre shortly. Picture: Arthur Kinahan
Kennedy Wilson, the company which acquired the Marshes Shopping Centre in Dundalk last September, expects the centre to be at full occupancy by Christmas.
The recent opening of the likes of Tiger and Benefit Cosmetics is set to be followed in the coming weeks by the opening of fashion outlet H&M and outdoor clothing and accessories chain, Trespass.
The Marshes will be 10 years open on November 3rd
CBRE and Bannon are the agents for the Marshes Shopping Centre and Bernardine Hogan of CBRE told The Irish Independent today that including lettings in the pipeline, she expects occupancy levels to increase from 75% when Kennedy Wilson bought the centre to 94% by September.
She added: “I expect to achieve full occupancy in time for the Christmas season.”
The centre is reporting football of around 80,000 a week, with rents ranging form €35 and €55 per sq ft depending on location, size of the store and convenant.
Kennedy Wilson bought the Marshes for €44.5 million last year. The centre will celebrate its 10th anniversary this November.
Meanwhile, Equivalenza, the global chain which manufactures perfumes and aromatic products and sells them through its own stores is also on the lookout for an outlet in Dundalk to follow on from the opening of stores in Letterkenny and Donaghmede recently.
Talk of the Town 