PROPERTY group Hammerson has collected just 31pc of its first quarter rent payments in Ireland, a figure that lags behind receipts in other major markets like the UK and France.
Commercial tenants usually pay rent in advance, and the first quarter has seen the reintroduction of tough lockdowns for non-essential retailers here and elsewhere.
Hammerson co-owns Dundrum Town Centre, along with German insurer Allianz. The group also owns half of the Pavilions shopping centre in Swords and the Ilac Centre in Dublin city centre. It owns 40pc of the Kildare Village premium outlet mall.
Since the start of the year Hammerson said footfall at its properties has declined in line with the introduction of new restrictions, particularly across UK flagship locations and in Ireland.
CSO median house: €246,000 (Kildare town)2021 prediction: up 5%Prices benefited from buyers switching their sights from Dublin during the pandemic. They were up across the board, as consumer
Man put off the road in Laois court for ‘outrageous’ M7 speed
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A man who drove at the “outrageous” speed of 192km/h through Laois has been disqualified from driving for six months.
Damien Kalicinski (31), 3A Short Quay, Kinsale, Co. Cork, was charged with dangerous driving, at the M7 Ballydavis, on December 14, 2020.
Sgt JJ Kirby gave evidence that the accused was detected driving at 192km/h in a 120km zone.
Sgt Kirby said the State would very reluctantly accept a reduction of the charge to careless driving.
Defence, Mr Barry Fitzgerald said the accused, a Polish national, had fully cooperated with the gardaí. On the day in question, he had been going to Kildare Village to do Christmas shopping and he overlooked his responsibility.