Facebook Near Deal to Lease Extra Office Space in Dublin
Employees work in the offices of Facebook Inc's European headquarters in the Dublin dockland development in Dublin, Ireland, on Tuesday, Feb. 9, 2016. Low corporate taxes are the cornerstone of Irish economic policy, and all four of the biggest political parties have promised to keep the 12.5 percent rate.
Photographer: Aidan Crawley/BloombergFacebook 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.