TikTok agrees long-term lease on new Dublin docklands office Social media giant to pay over €55 per sq ft to rent entire 210,000sq ft Sorting Office
about 3 hours ago
The Sorting Office occupies a high-profile location in Dublin’s south docklands
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TikTok is aiming to have as many as 2,000 staff working onsite at its new Dublin offices by the first quarter of 2022 following its selection of the Sorting Office as the location for its Irish operations.
While TikTok’s move to the city’s south docklands has yet to be formalised with the building’s owners, Mapletree Investments, the Chinese-headquartered social-media company is understood to have agreed terms to lease the property on the basis of a 15-year lease with 10 years term-certain and a rent-free period of around 18 months.