Accenture has leased a large new office space in Ireland, moving into the old Facebook headquarters. The new space is located at 7 Hanover Quay in Dublin’s south docklands and will offer the firm’s employees several top of the bill amenities, including executive showers.
7 Hanover Quay, which was acquired by Irish property fund Iput for €50 million in 2014, was constructed in 2008, and has in recent years been the home of international social media giant Facebook. Following strong international growth Facebook has in the meantime moved to substantially larger premises at 4 Grand Canal Square.
In line with the Accenture’s expansion strategy in Ireland – in February the consulting and technology giant unveiled plans to add 250 new professionals to its Irish operations – the firm has decided to lease additional office space in the 7 Hanover Quay building, located at Dublin’s south docklands. Accenture is leasing seven floors of the building, a total of 66,300 square feet, for a price of €55 per square feet (€3.65 million a year), making it according to Iput one of the strongest lettings this year in the Irish commercial market.
The building has recently seen €5 million in upgrades to accommodate for Accenture’s demands, and is rated a Grade ‘A’ building in terms of environmental impact. The amenities of the building include balconies and terraces on upper floors, executive showers, 40 bicycle spaces and 52 basement car parking spaces.
Globally Accenture has more than 358,000 staff service clients in 120 countries. In Ireland the consultancy employs around 1,600 staff, working from its office at Grand Canal Square. In May this year Accenture Ireland was named one of the country’s top 100 leading graduate employers.
Part of the new office space will be used by its newly established Centre for Innovation, for which it has reserved €25 million in investments, which primarily focuses on helping clients embrace technology and digital advancements. The deal, which runs for 15 years, was advised on by real estate brokers Savills and JLL.