In an unprecedented time of challenges, the All Ireland Retail Property Forum unites all sectors of the industry This year promises to be the most challenging in memory for the shopping centre development community. The jury is out on where property values are going – some analysts forecast a crash, others believe a soft landing is most likely. While this year will see a slow-down in new openings, the development pipeline is still operating at full capacity with a new generation of bigger and more complex schemes on the drawing board.

US fashion giant Gant is to open its first stand-alone store in Ireland at Dundrum, the 850,000 sq ft shopping centre 5km to the south of Dublin the centre. The Gant store will trade from 5,800 sq ft over two floors and will be situated in the centre’s Pembroke District close to Harvey Nichols, Urban Outfitters and LK Bennett.

2008 promises to be the most challenging year in living memory for the shopping centre development community. The jury is out on where property values are going – some analysts are forecasting a crash while others believe a soft landing is the most likely scenario. And while the current year will see a slowdown in new shopping centre openings the development pipeline is still operating at full capacity with a new generation of bigger and more complex schemes on the drawing board.

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