Ryanair to extend its Dublin HQ
Ryanair is planning to build a six-storey office block adjoining its headquarters in Dublin.
It's possible that the company is eyeing both additional office space for its own staff, as well as potential leasing opportunities.
The airline's headquarters are based beside the Airside retail park just outside Swords in north Dublin. The offices are located a short distance from the airport.
The company owns the HQ building, and has leased space at the premises to firms including memory product manufacturer Sandisk.
Ryanair also has an aircraft simulator on the premises, which it installed in 2016.
The planned new Ryanair office block will be built on an existing temporary car park that's being used by the airline beside its headquarters.
The development will include a total of almost 600 car parking spaces, as well as a new access point to the site.
A new pedestrian walkway crossing an adjacent road will link both sites.
Ryanair acquired the building its HQ is based in during the depths of the financial crisis for a knockdown €11m.
The premises had been completed a number of years earlier by developer David Daly, who was also responsible for work at the adjacent retail park.
The airline is believed to have spent an additional €9m fitting out the premises.
It's home to all the airline's operations, including its commercial, customer service, finance, IT, legal and marketing departments.
However, its Travel Labs unit has since opened offices in Madrid and Wroclaw in Poland.
In 2014, US technology firm SanDisk agreed to lease space at the Ryanair HQ building.
It signed up to lease almost 1,200 sq m of space, at about €172 per sq m.
Global ecommerce firm EShopworld has also leased floorspace.
Ryanair used to be based at a building in Dublin Airport, where it had 10 years remaining on its lease when it acquired the new HQ in Swords.
That building had been built in 1992.