JPMorgan eyes Dublin office building as Brexit starts in earnest
New York — JPMorgan Chase is in talks to buy a Dublin office building as the bank considers expanding in the Irish capital as one of its options when Britain leaves the EU, according to people with knowledge of the matter. The lender is negotiating the potential purchase of a building being developed by a venture between Kennedy Wilson Holdings and Ireland’s National Asset Management Agency (NAMA), the people said, asking not to be identified because the plans are private. The building, at 200 Capital Dock, has about 12,000m² of space, the people said. That’s enough for more than 1,000 workers. "Other options are still very much on the table," JPMorgan said in a statement, reiterating comments made two weeks ago. "We want to see how negotiations progress. No final decisions have been made." NAMA and Kennedy Wilson declined to comment. UK Prime Minister Theresa May’s plan to pull Britain out of the European single market has prompted international banks and insurers to begin looking ...
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