Nutgrove Shopping Centre Listed for €27M as South Dublin Retail Performance Sizzles

Lanthorn lists South Dublin’s Nutgrove Shopping Centre for €27M. Retail remains a bright spot in Ireland following major 2025 portfolio deals.

By: AXL Media

Published: Mar 24, 2026, 11:47 AM EDT

Asset Overview & Financials

Nutgrove serves as a dominant suburban hub in Rathfarnham, attracting approximately 3.3 million visitors annually.

Key Anchors: The centre is anchored by owner-occupied giants Tesco, Dunnes Stores, and Penneys, which drive consistent footfall.

Net Operating Income (NOI): Approximately €2.9 million per year.

Occupancy: The scheme boasts a high occupancy rate of 97% (only 3% vacancy).

WAULT: The weighted average unexpired lease term stands at roughly 4 years to break and 5.4 years to expiry.