Thursday October 1, 2020

Why collapse of Google deal may not mean collapse of the office market

Several people familiar with Google’s negotiations for the Sorting Office spoke to the Business Post about why the arrangement fell through. They all made a compelling case for why it’s not time to panic just yet

13th September, 2020
3
‘Googletown’: where the tech giants are based in Dublin’s Grand Canal dock. Picture: Barrow Coakley Photography

A lot of hopes were riding on the Sorting Office deal. If Google signed the lease on the Dublin Docklands building, property agents were ready to celebrate it as a timely show of confidence in the capital’s office market by a major player.

Last week, the deal fell through and there was nothing to celebrate. In fact, the narrative moved to quite an extreme. Not only was the bottom about to fall out...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The Commission of Investigation into IBRC sales has said that 28 of 37 transactions under scrutiny involve entities incorporated outside the state and may not be amenable to its jurisdiction

Ian Guider | 1 day ago

Last month, former Debenhams workers found themselves in jail after occupying the store in Henry Street. The Taoiseach has described their treatment as shabby, and they continue to believe they deserve more than statutory redundancy

Barry J Whyte | 4 days ago

Former landlord told protesting ex-staff he had discussions with the department store chain prior to its liquidation

Barry J Whyte | 4 days ago