Stat of the day: €99.9 million

The amount Google has dished out for Dublin's tallest office block.

by Elizabeth Anderson
Last Updated: 09 Oct 2013
In a deal which will no doubt bring some relief to the Irish Government, Google has bought Dublin’s tallest office block for €99.9 million (£84m). The internet giant has bought up the Montevetro building in Dublin's Grand Canal Dock district, which has 15 stories and can house 2,000 staff.

The building, which owners Treasury Holdings started constructing in 2008, was given capital from Ireland's National Asset Management Agency after property prices began to tumble. The sale is Ireland’s biggest commercial property deal for several years, and means that NAMA should get more than its money back. Which might come as some consolation to Irish taxpayers (well, sort of).

 

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