Irish shopping centres 'face much of the same pressures as UK counterparts'

Mahon Point Shopping Centre in Cork.

Shopping centres in Ireland may in time be sold off by their international owners because they were performing better than their British counterparts but have nonetheless experienced much of the same pressures during the Covid-19 crisis, according to a leading property analyst.

Colm Lauder, senior retail estate analyst at Goodbody, said the experience of rent collection by large retail owners was remarkably similar in Ireland and Britain in recent months because they both face similar lengthy lockdowns.