Facebook Said Near Deal to Lease Extra Office Space in Dublin
Facebook plans to lease about 75,000 square feet of space near East Point Business Park.
(Bloomberg) -- Facebook Inc. is in talks to lease additional office space in Dublin and is weighing renting even more property in the Irish capital, according to two people with knowledge of the matter.
The world’s largest social network plans to lease about 75,000 square feet (7,000 square meters) of space near East Point Business Park, where Google and Cisco Systems Inc. have offices, the people said, asking not to be identified because the deal isn’t public. That’s enough space for about 600 workers, based on modern office standards. The firm agreed to rent about 110,000 square feet of office space in the East Wall district earlier this year.
Facebook didn’t return calls seeking comment.
The company, which has its European headquarters in the Irish capital, is also weighing further leases in Dublin, though Facebook has yet to decide how much additional space it needs, the people said. The firm decided against using an option to lease more than 55,700 square feet of office space on Oxford Street in London, landlord Great Portland Estates Plc said in January.
To contact the reporters on this story: Neil Callanan in London at ncallanan@bloomberg.net, Peter Flanagan in Dublin at pflanagan23@bloomberg.net.
To contact the editors responsible for this story: Elisa Martinuzzi at emartinuzzi@bloomberg.net, Keith Campbell, Jon Menon