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).


Find this article useful?

Get more great articles like this in your inbox every lunchtime

Could coronavirus lead to gender equality?

Opinion: Enforced home-working and home-schooling could change the lives of working women, and the business...

Mike Ashley: Does it matter if the public hates you right now?

The Sports Direct founder’s response to the COVID-19 pandemic has drawn criticism, but in the...

4 films to keep you sane during the coronavirus lockdown

Cirrus CEO Simon Hayward shares some choices to put things in perspective.

Pandemic ends public love affair with Richard Branson et al

Opinion: The larger-than-life corporate mavericks who rose to prominence in the 80s and 90s suddenly...

The Squiggly Career: How to be a chief strengths spotter

When leading remotely, it's more important than ever to make sure your people spend their...

"Blind CVs don't improve your access to talent"

Opinion: If you want to hire socially mobile go-getters, you need to know the context...