SINCE its establishment in 2014, the dynamic Shannon Group has undertaken a strategic investment programme across its operations. It has poured more than €85million into not only new commercial property solutions but also, to enhance its airport facilities and enrich its heritage tourism sites.
Through its three companies, Shannon Commercial Properties, Shannon Airport and Shannon Heritage, the Group’s activities support 46,500 jobs in the Mid-West and beyond, and contribute €3.6billion a year to the regional and national economy.
Ray O’Driscoll, MD for Shannon Commercial Properties, is convinced the Mid-West region has the winning ingredients to attract new investment in a post-Brexit environment.
“Home to over 170 companies employing more than 8,000 people, the Shannon Free Zone is one of the region’s core assets,” states Mr O’Driscoll. “The investment programme we have just completed and our next phase of investment, which we will launch later this year, will bring significant new advanced manufacturing, warehousing and office space solutions to support the IDA led drive for inward investment in the region.
“To have been able to provide commercial property solutions for companies like Jaguar Land Rover, Engine Lease Finance, Baker Hughes – a GE Company – and Edwards Lifesciences, and to see the significant growth in the number of new aviation and aerospace companies setting up in Shannon, gives the team in Shannon Group confidence to move to the next development phase.”
