Dublin, Blanchardstown Centre

Asset management oversight on behalf on the banks.
  • Operating as a town centre
  • 1.3 million sq ft of shopping centre, retail park, offices and hotel
  • 180 stores arranged over two levels. 7,000 car parking spaces
  • Anchored by Dunnes, Penneys, Marks & Spencer, 9 screen Odeon cinema
  • Close to Dublin’s M50 radial motorway network
  • 16.5 million visitors per annum
  • Catchment shopping population of 1.5 million within a 30 minute drive time
Commercial Asset Management | Sovereign Centros

Business Plan & Achievements

Sovereign Centros are appointed in an oversight capacity, monitoring the asset management function on behalf of the lenders.

The business plan for the centre focusses on:

Completion of a comprehensive mall refurbishment in terms of floor finishes, lighting, signage, wayfinding etc.

A proactive leasing strategy especially to deal with the upcoming lease expiry profile over the next 24 months.

Reconfiguration and reletting of former department store space and a consideration of a major new food and beverage/leisure extension.