Facebook Is Said to Be in Talks to Lease Office Campus in Dublin

Facebook Is Said to Be in Talks to Lease Office Campus in Dublin
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Facebook plans to lease an office campus in Dublin as it continues to expand, according to Bloomberg, citing a person with knowledge of the matter.

The social media network has had talks to gradually take on 41,800 square meters of space in the Ballsbridge district that is currently occupied by Allied Irish Banks. Other locations are still under consideration and a deal may still not be reached, the person said. The space is the equivalent of about eight American football fields.

“Last year we announced that our Irish operations will be growing with hundreds more jobs across all our teams,“ Facebook said in an emailed statement. “To best facilitate this and future growth we’re looking at various expansion options.

The world’s biggest technology companies are continuing to ramp up operations in the Irish capital, home to many of their European headquarters. A record amount of office space was leased in the city last year, with Facebook, Alphabet and Microsoft among the firms that took space. Facebook is also said to be planning to lease an office campus in London’s King’s Cross district, close to the planned U.K. headquarters of Alphabet.