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US firm takes $2.1m hit on Dublin office

Software company MongoDB fails to find sub-tenant for Ballsbridge office

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Number 1 Ballsbridge, Shelbourne Road, Dublin

Number 1 Ballsbridge, Shelbourne Road, Dublin

Number 1 Ballsbridge, Shelbourne Road, Dublin

MongoDB, a US-based software company, has been forced to take a $2.1m (€1.8m) impairment related to its former Dublin office after failing to secure a sub-tenant due to Covid-19.

Last June, the Sunday Independent revealed the Nasdaq-listed tech company, valued at over $17.1bn, had signed a $27m lease on a new office in Dublin with capacity for 500 employees. Over 200 staff will have access to the new facilities when it opens.


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