Commercial Property

Brick and mortar retail holding up against growth of online shopping

New figures show a return to growth for retail rents in the first half of this year

The Nike Unite Store, Blanchardstown Centre. Picture: Paul Sherwood

The growth of e-commerce has led many commentators to speculate about the future of bricks and mortar retail. But some Irish retail landlords will have been encouraged by a number of recent deals.

Kate Ryan of Colliers estate agents pointed to recent figures from consultants MSCI that revealed a return to growth for retail rents in the first half of this year, with overall retail rental values rising by 0.1 per cent in the quarter ...