{"id":75078,"date":"2025-09-20T10:13:06","date_gmt":"2025-09-20T10:13:06","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/75078\/"},"modified":"2025-09-20T10:13:06","modified_gmt":"2025-09-20T10:13:06","slug":"cork-city-retailers-properties-spark-a-lot-of-interest","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/75078\/","title":{"rendered":"Cork city retailer\u2019s properties spark a lot of interest"},"content":{"rendered":"<p class=\"contextmenu internal_Body1st\">Longtime Cork clothes retailer Mannix is currently offloading its entire property portfolio in the city centre, and the amount of interest in the properties so far is a sign of positive trends in the city centre, a property company have said.<\/p>\n<p class=\"contextmenu Body Body\">Peter O\u2019Meara, a director at Savills Ireland, told  The Echo: \u201cThe late D\u00f3nal Mannix, a man who was involved at the heart of the old retail trade in Cork in the rag trade, as it was called then, died earlier this year, and the portfolio is now on the market.<\/p>\n<p class=\"contextmenu Body Body\">\u201cThere\u2019s a number of buildings on Castle Street and one on Patrick Street, they went on the market in the last week and there\u2019s been eight or nine viewings a day so far, and offers on over 50% of them already which is good, it shows an appetite for the city centre.<\/p>\n<p class=\"contextmenu Body Body\">\u201cThere is a perception out there that the city centre is not in demand &#8211; we would totally refute that. We\u2019re thankfully involved a lot of transactions in Cork city centre and we believe the appetite is good, both occupational and in terms of investment and development.\u201d One such example is the opening of a new Urban Outfitters clothing store. Mr O\u2019Meara said: \u201cI think that\u2019s a massive vote of confidence in Cork city centre, for a brand of that significance who trade worldwide to open in Cork.<\/p>\n<p class=\"contextmenu Body Body\">\n            \u201cOne of the reasons they looked at opening here was due to the amount of people from Cork who used to shop in their store in London, they would get stats of people flying to London and back to go shopping and can trace where they came from and a large number of them were from Cork.\n        <\/p>\n<p class=\"contextmenu Body Body\">\u201cUrban Outfitters like quirky buildings, and 101 Patrick Street is a former religious building, an old methodist church. They\u2019ve done a fantastic job with it.\u201d\u00a0<\/p>\n<p class=\"contextmenu Body Body\">In terms of the future, he said that two key things they\u2019d like to see were the expansion of Penneys and the development of the former Debenhams building, adding: \u201cWe\u2019re not the agents there, but there has been a lot of activity on that.\u201d<\/p>\n<p class=\"contextmenu Body Body\">In general, Mr O\u2019Meara said: \u201cCork city centre is still very much in demand, there\u2019s been about 25 fascia changes since covid and that\u2019s good.<\/p>\n<p class=\"contextmenu Body Body\">\u201cWhen international retailers come to Ireland, they look to Dublin first, Grafton St and Henry St then to centres like Dundrum, Blanchardstown, Liffey Valley, but their next port of call is usually Patrick Street.<\/p>\n<p class=\"contextmenu Body Body\">\u201cIt\u2019s seen as the high street for fashion in Cork but also in the wider region. After that they look to Mahon Point, then Crescent Shopping Centre in Limerick.<\/p>\n<p class=\"contextmenu Body Body\">\u201cThe other thing that\u2019s changed is we had very few food and beverage groups interested in the city centre in the last two years, but all of a sudden in the last two or three months there\u2019s been a number of international brands looking to come to Cork.\u201d<\/p>\n<p class=\"\">A store at 40-42 Washington St called Mannix and Culhane, which closed in March, is not part of the portfolio and is in separate ownership.<\/p>\n","protected":false},"excerpt":{"rendered":"Longtime Cork clothes retailer Mannix is currently offloading its entire property portfolio in the city centre, and the&hellip;\n","protected":false},"author":2,"featured_media":75079,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[79,2737,11984,18,19,17],"class_list":{"0":"post-75078","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-cork-city-centre","10":"tag-cork-property","11":"tag-eire","12":"tag-ie","13":"tag-ireland"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/75078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=75078"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/75078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/75079"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=75078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=75078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=75078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}