Falcon AM

What Falcon AM does

Falcon AM Limited is an Irish commercial real estate asset management firm headquartered in Blanchardstown, Dublin 15. Founded in 2010 and registered as a private company limited by shares (CRO no. 582950), the company delivers an integrated five-service stack to institutional investors and property owners: asset management, property management, development management, leasing, and financial management and reporting. It holds PSRA License No. 004380.

The company's managed portfolio is concentrated at Blanchardstown Town Centre — Ireland's largest concentration of retail space at approximately 159,000 m² across an ~85-acre estate with a 1.9 million catchment population. The portfolio includes the core Blanchardstown Centre (96,000 m² GLA, 180+ stores, 17 million annual visitors, anchored by Dunnes Stores, Zara, M&S, and ALDI), Retail Park 1 (7,200 m², 7 units, anchored by Currys), Retail Park 2 (31,000 m², anchored by Woodies and Harvey Normans), and The Atrium Building (6,968 m², fully occupied by eBay). Tenant roster features flagship destination retail — Europe's largest Inditex Zara, Ireland's first FLANNELS, Nike Unite, LEGO's second Irish store, Tommy Hilfiger, Calvin Klein, and a renewed Butlers Chocolates (10-year lease). Falcon AM has delivered a multi-year capital program including a €17M common-area refurbishment (2021), €17M Central Mall Extension, €13M Red Mall Extension (new ALDI MSU), and a €25M Blue Mall Extension (10 restaurant units, public realm).

Revenue is generated through managed services fees (asset, property, and financial management charged to institutional owners) and professional services fees (leasing commissions and development management). The GTM is enterprise field sales targeting institutional capital — Goldman Sachs and Blackstone are named core financial partners receiving full-service financial management support. No proprietary technology platform or AI/ML capability has been disclosed; operations rely on conventional real estate asset management processes supported by a single Data Analyst. The firm operates exclusively in the Dublin/IRL market and has signalled expansion into mixed-use via a masterplan adding 1,320 residential units for ~3,500 future on-site residents.

Name

Falcon AM

Legal name

Falcon AM Limited

Website

https://falconam.ie

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Falcon AM Limited is an Irish commercial real estate asset management firm serving institutional investors and property owners. The Dublin-based company manages Blanchardstown Town Centre and related retail and office properties, providing integrated asset, property, development, leasing, and financial management services on a fee basis.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Asset Management

NAICS

Management of Companies and Enterprises (55111)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

Keywords

• Commercial real estate services
• Property asset management
• Real estate development
• Retail property leasing
• Property financial reporting

Headquarters

HQ city

Blanchardstown

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Asset Management Services: Comprehensive asset management services including strategic planning, business plan oversight, asset repositioning, tenant relations, and performance monitoring. Revenue is generated through management fees charged to investors and property owners.
2. Property Management Services: Day-to-day property operations including facilities management, tenant liaison, technical services, and repair/maintenance regimes. Revenue generated through property management fees.
3. Leasing Management: Tenant mix optimization, relationship management with global retailers, pre-leasing of development space, and lease negotiation services. Revenue derived from leasing commissions and success fees.
4. Development Management: Project management from conception to completion, including feasibilities, professional team appointment, stakeholder management, value engineering, and cost control.
5. Financial Management and Reporting: Invoicing, collections, supplier payments, budget reporting, and fiduciary/regulatory compliance support. Revenue through financial management service fees.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Falcon AM provides an integrated suite of asset management, property management, development, financial management and reporting, and leasing services for commercial real estate portfolios. The company manages and enhances shopping centres, retail parks, and office buildings, primarily within the Blanchardstown Town Centre complex in Dublin, on behalf of institutional investors and property owners. Services span strategic planning, asset repositioning, tenant mix optimisation, day-to-day facilities operations, project development from conception to completion, and full-service financial reporting.

Product overview

Falcon AM provides a full suite of asset management services for commercial real estate properties, including Asset Management, Property Management, Development, Financial Management and Reporting, and Leasing. The company manages a portfolio of retail and office properties in Dublin, Ireland, primarily focused on the Blanchardstown Town Centre complex comprising Blanchardstown Centre (over 180 stores, 96,000 m²), Retail Park 1 (7,200 m²), Retail Park 2 (31,000 m²), and The Atrium Building (6,968 m² office). All services operate under one integrated approach to maximize stakeholder value and asset growth.

Differentiator

Problem solved

Functional benefit

Products and services

• Asset Management Oversees and drives business plan objectives from inception to completion, focusing on asset repositioning, tenant relations, financial management, and data-driven performance monitoring to maximise asset value for institutional investors and property owners.
• Property Management Delivers effective day-to-day operations including facilities management, tenant liaison, technical services, and repair and maintenance regimes to maximise asset marketability and value across managed commercial properties.
• Development Management Manages development and refurbishment projects from initial conception to completion, including feasibilities, professional team appointment, stakeholder management, value engineering, and cost control for commercial real estate assets.
• Financial Management and Reporting Provides comprehensive financial reporting including rent and service charge invoicing, supplier payments, budget reporting, and fiduciary compliance support at fund and senior financing level for commercial real estate investors and owners.
• Leasing Manages tenant relations and leasing strategies, establishing optimal tenant mix and target occupiers, and delivering leases aligned with business plan objectives for managed retail and office properties.

Quantifiable outcome

• 17 million annual visitors to managed shopping centre
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• Hidden Disabilities SunflowerminorOthers · 19 October 2023Blanchardstown Centre is an official member of the Hidden Disabilities Sunflower scheme, which encourages inclusivity for people with hidden disabilities. Staff have completed training to increase awareness of barriers faced by customers and staff with hidden disabilities.
• Mental Health IrelandminorOthers · 2 October 2023Blanchardstown Centre has supported World Mental Health Month and raised over €20,000 for Mental Health Ireland over 2 years. The charity provides free training, resources, and support across Ireland.
• Home-Start BlanchardstownminorOthers · 1 September 2023Blanchardstown Centre raised €15,000 for local charity Home-Start Blanchardstown through fundraising events. The charity supports families in Dublin 15 area for over 30 years.

Scale indicators17 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Hammerson: UK and Ireland-listed owner and asset manager of prime shopping centres and retail parks (including Dundrum Town Centre). Direct peer because both firms own/manage flagship retail destinations and compete for global retail tenant relationships on similar leasing economics.
• Quintain (Ireland / UK): Real estate developer and asset manager of mixed-use destinations including Wembley Park. Comparable to Falcon AM in integrating asset management with masterplan-driven development and creating on-site residential demand for managed retail.

Broad incumbents

• Unibail-Rodamco-Westfield: Global owner/operator of flagship shopping centres including in Ireland (Dundrum). Broad incumbent in the same retail asset management category, offering integrated leasing, asset management, and development services at much larger scale.
• Cushman & Wakefield: Global CRE services firm providing asset management, property management, leasing, and valuation to institutional owners. Competes for the same institutional mandates Falcon AM serves, though at significantly larger scale and geographic breadth.
• CBRE Global Investors / CBRE: Global asset management and CRE services platform with dedicated real estate investment and asset management capability for institutional clients. Competes with Falcon AM in pitches for PE-driven Irish mandates and provides an institutional benchmark for service scope.
• JLL: Global real estate services and investment management firm with asset management, property management, leasing, and capital markets advisory capabilities for institutional owners. Overlaps directly with Falcon AM's full-service offering at much larger scale.
• Knight Frank: Global CRE advisory and property management firm active in Irish retail and investment markets. Comparable to Falcon AM in offering integrated asset management and leasing services to institutional owners of retail assets.
• British Land: UK-listed REIT and asset manager focused on retail-led and mixed-use campuses. Provides a benchmark for owner-operator asset management models similar to Falcon AM's integrated approach at Blanchardstown Town Centre.
• Landsec: UK-listed REIT and asset manager with retail and mixed-use exposure. Comparable in operating model to Falcon AM — long-dated asset ownership with integrated asset management, development, and leasing capabilities.

Regional players

• Bannon: Leading Irish commercial property advisor and asset manager with deep retail and institutional relationships. Comparable regional peer competing for similar Irish mandates but with a different mix of agency, advisory, and property management services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/falcon-asset-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Falcon AM