ConsenSys to take up 539sq m of space at Shelbourne Plaza

Tech firm ConsenSys has leased 539sq m (5,800sq ft) of space at Shelbourne Plaza in Dublin 4 at a rent of 538.20 per sq m (50 per sq ft). The letting, arranged through CBRE, is for a 10-year period and ConsenSys has just completed an extensive fit-out of the premises.

This location, at the docklands end of the Shelbourne Road, is close to the capital's Silicon Docks tech hub where the likes of Google and Facebook are based.

ConsenSys is a leading blockchain company and its Dublin office is the firm's headquarters for its Europe, Middle East and Asia operations.

Lory Kehoe, managing director of ConsenSys, says the company is "committed to contributing to the growth and evolution of Ireland as a strategic centre of excellence in blockchain".

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Blockchain technology, which store blocks of information that are distributed across a network, has high levels of traceability and security in online transactions and is expected to transform many business models.

Ireland has a growing number of indigenous and multinational companies operating in the blockchain space. These include Aid:Tech, ArcNet, Circle First Data and ConsenSys.