The social media giant have leased a new property in Dublin.
IDA Ireland have today welcomed the announcement by Facebook that it is expanding its investment in Ireland by acquiring a long-term lease of 14 acres for a new campus development in the heart of Ballsbridge in Dublin 4; the premises known as the Bankcentre currently occupied by AIB.
This will essentially quadruple the amount of office space held by Facebook in Ireland, with the new campus holding over 7,000 employees.
The company, which also owns WhatsApp, Instagram, and Oculus, will be adding to their already existing properties here, including the international headquarters in Dublin’s Grand Canal Square, and it also has operations in the Samuel Beckett Building, a data centre in Meath, and Facebook Reality Labs in Cork.
Gareth Lambe, Head of Facebook Ireland, said (via The Irish Independent): “Ireland is critically important to Facebook and plays a central role in its global operations as home to over 60 teams including engineers, safety experts, legal professionals, policy experts, marketing and sales teams covering many facets of the social network.”
Martin Shanahan, CEO of IDA Ireland said: “Facebook has expanded significantly in Ireland in recent years to support its international growth. Today’s announcement further deepens its commitment to Ireland, it has become the primary strategic international hub for the company; servicing millions of users across EMEA and the development of its campus in Ireland will provide the company with the potential to expand its operations. We wish all the team at Facebook in Ireland every success with their expansion plans.”
Minister for Business, Enterprise and Innovation Heather Humphreys TD, said: The acquisition of this new campus is a landmark day for Facebook, which established its International HQ in Dublin in December 2008 and has expanded significantly in Ireland over the last 3-4 years.
“Without a doubt, this expansion is a huge vote of confidence in Ireland and our pro-enterprise policies. Above all, it is a testament to the calibre of our rich pool of talent, who have contributed so positively to the company’s global growth in the last decade.”
