Johnny Ronan: Sources have confirmed Citibank Europe, which said in April it was adding 300 new jobs to its existing 2,500-strong workforce in the State, has agreed to buy a site on the Waterfront mixed-use property project being developed by Ronan Group Real Estate and Fortress for about €100 million.
The market was even buttressed during Covid-19 lockdowns as the stocks of technology companies were turbocharged during the pandemic. But with the tech-rich Nasdaq off almost 30 per cent so far this year, seemingly never-ending expansion has turned to cost-cutting.We’ve seen Facebook-owner Meta hit the pause button in July on the fit-out of its new Dublin headquarters that builder Johnny Ronan and US-based Fortress Investment Group is developing for the social media giant in Ballsbridge.