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Stock impact report

Dublin Office Market Shows Early Signs of Revival [BNN Bloomberg (Canada)]

Workday, Inc. - Class A (WDAY) 
Last workday, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
Company Research Source: BNN Bloomberg
Apple, Workday Inc. and Denmark's Danske Bank A/S are seeking new space for their offices, people familiar with the matter said, asking not to be identified discussing confidential information. Stripe has announced that it will lease a new office. The return of interest in commercial buildings could provide some relief to landlords who developed Grade A spaces before the pandemic, only to later see businesses lay off staff or shift to work-from-home policies. Ireland was disproportionately exposed to the downturn given its status as a hub for many multinational tech companies, thanks largely to its corporate tax breaks. For instance, Meta Platforms Inc. announced cutting about 11,000 jobs globally in November 2022, and a month later, decided against occupying part of its recently completed European headquarters in Dublin. It instructed its broker to sublet space to others over a year ago. Several landlords have been hit by a plunge in valuations of new office buildings in some Show less Read more
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