Threat to regional retail centres

IRISH regional retail centres may be in danger of being left out in the cold, as Dublin’s retail sector begins a recovery process.

Capital values in Cork city have fallen 70%, and Limerick’s by 73% since 2008. And the international pick-up now visible in Dublin has not surfaced in the country’s second and third cities.

That is according to London-based property monitors IPD, which has just done its first-ever analysis of regional high street performances in Cork and Limerick cities.