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. It is understood that the rental level agreed for the office scheme is between €55 and €60 per sq ft. This represents a significant fillip for the Dublin office market at a time when numerous commentators have been predicting, erroneously it appears, the demise of the traditional office model. As reported by The Irish Times previously, TikTok had considered two other locations in Dublin city centre for its operations before deciding on the Sorting Office. Since its establishment more than three years ago, TikTok has garnered in the region of a billion users globally.

Source: The Irish Times May 12, 2021 05:00 UTC