Dundrum director defends rent hikes
Any ‘churn’ from retailers at Dublin shopping centre is because ‘they haven’t adapted to trends’, says Don Nugent
The director of Dundrum Town Centre in south Dublin has defended rent hikes at the development, and said that any “churn” in tenants there is due to retailers not getting their customer offering right.
The property giant Hammerson, which bought the shopping centre with partners Allianz Real Estate in 2016, said last year that it expected rental levels at Dundrum to hit €90 million by 2021. This would be a 38 per cent...
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