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Pavilions, Swords

Pavilions is the prime retail centre serving Dublin’s northern suburbs, situated directly adjacent to the M1 motorway. Completed in 1999, the centre was subsequently extended in 2006 to provide approximately 490,000 sq ft (46,000 sq m) of retail and leisure space. The centre is anchored by Dunnes Stores, Ireland’s largest retailer, SuperValu, Ireland’s largest grocery chain, and Penneys (not included in Collateral Assets), alongside 70 retail shops and restaurants, an 11-screen cinema and 2,000 space car park. The asset is owned in co-ownership with IPUT (25%) and Irish Life (25%).

Key Facts

  • 01. ownership
    50%
    Hammerson
    25%
    IPUT
    25%
    Irish Life
  • 02. Opened
    1999
  • 03. UNEXPIRED LEASE TERM TO EXPIRY
    11 years
  • 04. OCCUPANCY RATE %
    99
  • 05. RENTS PASSING P.A (€M)
    15
  • 06. PROPERTY NET INTERNAL AREA (M²)
    46,000
  • 07. NUMBER OF TENANTS
    71
  • 08. FOOTFALL (M)
    12