Brannigan Associates is set to join forces with TFT, adding decades of local market knowledge to TFT’s already considerable expertise in the built environment. As a result of the merger, TFT will open its first European office and expand into Ireland.
Brannigan Associates is an established property and construction consultancy with over 20 years of experience in Ireland. The firm advises commercial real estate clients on development, refurbishments, acquisitions, landlord and tenant matters, project management and building conservation. In this merger, the Brannigans team will join TFT and enhance their existing services with TFT’s resources, benefitting clients with added expertise in fields such as sustainability and engineering.
The merge follows a long-standing association between the two firms. Brannigan and TFT have worked together for UK clients both managing and developing assets in Ireland, particularly across retail and logistics sectors. It also follows TFT’s announcement last month that it will be opening new hubs in Leeds and Southampton, tapping into new regional growth locations and the associated talent there. This next strategic move places TFT at the heart of the fifth busiest real estate market in Europe with €3 billion having been invested between the end of last year and the third quarter of 2021.
Alistair Allison, Managing Partner of TFT added: “Dublin is one the most promising real estate markets in Europe. It outperforms cities such as Oslo, Milan and Manchester. With 90% of Ireland’s institutional commercial real estate investment focused into the city, as well as smaller but attractive commercial hubs in both Cork and Belfast, we are looking forward to expanding TFT’s deep local knowledge and close-knit team culture in Ireland.
The Irish economy has been a surprise performer throughout the pandemic, with key sectors including logistics and PRS, with investor appetite outstripping supply.
Kevin Brannigan, Director and Head of TFT Ireland added: “As a result of this merger, our existing client base will benefit from my team’s service together with the wider expertise of TFT. Together we can help UK clients realise the value in the Irish built environment by using our knowledge of its unique regulations and market drivers.”