Stock Exchange lodges €10m HQ expansion plan

The Irish Stock Exchange (the ISE) has formally lodged plans for a €10m expansion plan for its Dublin headquarters. The lodging of the plans comes after the exchange last year acquired a building at Foster Place, to accommodate the increased numbers of people working at the exchange.

Its existing home on Dublin’s Anglesea Street is a protected structure, and the two buildings will now provide space of 3,274sq m. The buildings will be linked.

Commenting on the plans lodged with Dublin City Council, the ISE’s director of strategy Aileen O’Donoghue said its enlarged head offices will meet its future needs and keep its “strong historic links with the College Green area”.

“The plan accommodates up to 50% more staff and provides state-of-the-art facilities giving us the space we need for the expansion of our business and greater scope for public engagements.” Ms O’Donoghue said.

“We are excited about this development which we believe will rejuvenate Foster Place and enable the ISE to maintain its business links with the area for many years to come,” she said.

It is envisaged that the enlarged head office will offer more room for public meetings. The planning application is viewed by the ISE’s management, board and shareholders as a vote of confidence in the business and future of the ISE.

Anglesea Street has been home to the exchange for over 135 years ago. A decision is due on the application by the city council before the end of the year.