No tenant for key Ilac Centre store as retailers retreat from city centres

Shopping centre group Hammerson has warned Dublin City Council that its fruitless hunt for a tenant to replace H&M suggests an irreversible decline in retail

28th March, 2021
No tenant for key Ilac Centre store as retailers retreat from city centres
Hammerson, the shopping centre group, said the only interested party to replace H&M at Dublin’s Ilac Centre was a leisure operator. Picture: Fergal Phillips

Hammerson, the embattled property giant, has warned that no suitable tenant has been found for the Ilac Centre space in Dublin vacated by H&M following an 18-month search, with the issue compounded by more retailers “slashing” their physical presences.

The shopping centre group, which also controls Dundrum Town Centre and Swords Pavilions, said the only interested party was a leisure operator, which would be restricted from leasing the space by planning...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

When you can’t get the staff: the retail sector’s worker problem

Retail Aaron Rogan 2 days ago

Off-licences lobbied to get earlier minimum unit pricing

Retail Aaron Rogan 1 week ago

Beer could soon be twice as expensive as it is in North

Retail Aaron Rogan 2 weeks ago

Lidl gets go-ahead for new €5.5m Talbot Street store

Retail Lorcan Allen 2 weeks ago