Facebook Said Near Deal for Expansion of European HQ

Facebook Said Near Deal for Expansion of European HQ
Fotolia

Facebook is close to a deal to lease an office building near Dublin’s International Financial Services Centre, according to Bloomberg citing three people with knowledge of the matter.

The world’s largest social network plans to lease about 110,000 square feet (10,220 square meters) of space, the equivalent of about two American football fields, the people said, asking not to be identified. Facebook, which has its European headquarters in the Irish capital, is seeking a building that can hold as many as 1,000 workers, The Sunday Business Post reported in December.

Facebook is looking for additional office space in Dublin to expand its operations and has yet to commit to a location, a spokesman for the firm said. The Comer Group, the landlord of the property, did not reply to requests for comment. The firm decided against using an option to lease more than 55,700 square feet of office space on Oxford Street in London.

The office building targeted by Facebook is between East Point Business Park, where Google and Cisco lease offices, and The Point Village, where Yahoo occupies space. It already rents space in the district known as Silicon Docks.