Google Dublin office purchase gets green light
THE Competition and Consumer Protection Commission (CCPC) has cleared Google’s proposed acquisition of two office buildings in the Dublin Docklands.
Announcing its decision yesterday, the CCPC said Google’s purchase of
South Bank House and
The Warehouse from Kennedy Wilson would
“not substantially lessen competition in any market for goods or services in the State”.
Google’s move to acquire the properties comes just six months after its €300m purchase of the Bolands Quay scheme. More recently, it agreed to rent 58,000 sq ft of space at billionaire businessman Denis O’Brien’s office block at One Grand Canal Quay.
Both South Bank House and The Warehouse are located next to Google’s European HQ on Barrow Street. Last February, Google opened its latest offices in the Dublin Docklands, inviting Taoiseach Leo Varadkar to cut the ribbon on the newly-built Velasco Building on Grand Canal Street.
Google’s Dublin Docklands portfolio is growing again