JP Morgan Chase bank eyes Dublin base post Brexit

JP Morgan Chase is in talks to buy a Dublin office building as the bank considers expanding in the capital as one of its options for when Britain leaves the EU, according to sources.

The lender is negotiating the potential purchase of a building being developed by a venture between Kennedy Wilson and Nama. The building at 200 Capital Dock has about 130,000 square feet (12,000 square metres) of space. That’s enough for more than 1,000 workers.

“Other options are still very much on the table,” JP Morgan said in a statement, reiterating comments made two weeks ago. “We want to see how negotiations progress. No final decisions have been made.”