Clery Quarter. Credit: Europa Capital
Development | Retail | Ticker

Frasers Group and H&M announce flagship stores at Clerys Quarter

Flannels and H&M have committed to opening their Irish flagship stores at Clerys Quarter. The development is due to open in Q4 2022, with an extensive food and beverage offering to complement retail units and Grade A offices.

Frasers Group plc will open the doors to its first Flannels flagship outside of the UK, at Clerys Quarter. Occupying 2,787 sq m on a 15-year lease, the are offering a vast collection of luxury fashion. H&M has chosen Clerys for what will be its largest city center store, also approx. 2,787 sq m, where customers can shop their full brand offering.  

Key to the redevelopment are the building’s historic features, including the colonnaded façade, internal staircases, columns and ceilings, and the famous refurbished Clerys clock. Clerys Quarter is targeting LEED Gold and WiredScore Platinum certification and, once complete, is expected to create around 400 new jobs in addition to the 750 construction jobs it is supporting during the works. 

Jason Oram, Partner and Fund Manager at Europa Capital commented: “The refurbishment of the former Clerys department store will transform this area of the city and is a fantastic case study for the repurposing of pure retail assets for the future. Encouragingly, we are seeing signs of recovery in the leasing market since the start of the pandemic, and we are confident that Clerys Quarter’s location and fantastic transport links will lead to strong demand from further retailers, F&B occupiers and businesses alike.” 

Derek McGrath, Managing Director at Core Capital added: “Positioning Clerys Quarter as a destination of choice in Dublin city center was a key focus for us in this iconic re-development and we believe the addition of Flannels and H&M as anchor tenants deliver on that focus.”

In addition to H&M and FLANNELS, the completed redevelopment of Clerys Quarter will comprise approx. 8,361 sq m Grade A office space, a new 213-bed four-star hotel, and a panoramic rooftop restaurant, which will house the latest venue from PressUp Group. The owners plan to bring six new food & beverage units to the market immediately, including the newly refurbished tea-rooms. 

Europa Capital, Core Capital and Oakmont were advised by Kevin Sweeney in Savills.

Tags: , ,

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Belgrade Fashion Week Teams up with Belgrade’s Top Shopping Centers

During the May MPC shopping centers in Belgrade hosted a wide range of fashion events in cooperation with Belgrade Fashion Week.

NEINVER begins works on “Alpes The Style Outlets”

Alpes The Style Outlets will be NEINVER’s second outlet center in France and marks the company’s 17th outlet centre across 6 European countries. The scheme boasts an exceptional location near the Swiss border. Brands such as Adidas, Guess and Levi’s have already confirmed their presence.


Consumer behaviors and the business environment are changing fast under the global circumstances. Therefore, it is critical for real estate development companies to keep a pulse on both. The consumer is today at the heart of business more than ever before, say Jovana Cvetković and Nemanja Bućinac from MPC Properties.

Top 20 Store Openings to Watch in April 2022

Shopingy Mall Analyser and ACROSS Magazine present the top 20 store openings to watch on a monthly basis. Find here the exclusive data for April 2022.

The s.Oliver fashion brand has arrived in Belgrade

s.Oliver chose MPC Properties shopping centers network, UŠĆE Shopping Center, BEO Shopping Center and Delta City, to enter the Serbian market.

Atrium Promenada refurbishment is well underway

Over 80% of the redevelopment of Atrium Promenada in Warsaw is now pre-leased. Upon completion, the refurbished flagship will house over 150 retail and service units in the latest concepts. The completion of the renovation is scheduled to open in the second quarter of 2023.