Business Irish

Thursday 18 January 2018

Seven new shops at Liffey Valley

Up to 120 new jobs are being created at Liffey Valley Shopping Centre, Dublin, following the arrival of seven new national and international retailers. The new lettings have brought "occupancy to virtually 100pc," according to Bernadine Hogan of Savills.

Among the new fashion retailers to open at the centre are: American outdoors lifestyle brand, Timberland, which opened a 176sqm unit -- its first new shopping centre unit since 2005.

Lifestyle footwear brand, Skechers, opened a 200sqm store this month.

Fashion retailer, Bank, confirmed plans to open its first stand alone store in the Republic, leasing 437sqm of space over two floors.

Sports fashion outlet, JD Sports, will triple its size by opening a 993sqm store at the former Champion Sports outlet.

Popular fashion label, Diesel, will upsize and relocate into 383sqm of space across two floors at the former La Senza store.

The former Diesel store has been let to Changes Lingerie, which will be opening shortly.

Bolstering Liffey Valley's restaurant offer, Nando's, the popular Portuguese chicken restaurant, will occupy 353sqm, while global sandwich chain, Subway, and Mexican/Californian Cuisine Restaurant, Saburritos, will lease 102sqm and 100sqm respectively.

Joint agents Savills and Strutt and Parker had been quoting rents of around €175,000 to €250,000.

Shelagh Larard, of Aviva Investors, commented: "The new food outlets enhance the centre's family-orientated leisure offering, which already includes a 14-screen Vue Cinema Multiplex and over 20 food and beverage providers."

Liffey Valley Shopping Centre is jointly owned by Aviva Investors and Grosvenor.

Irish Independent

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