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Goodbody and AIB Capital Markets move to restored Dublin office

Finance Minister Michael McGrath and AIB CEO Colin Hunt at the bank's restored offices at Dawson Street in Dublin city centre
Finance Minister Michael McGrath and AIB CEO Colin Hunt at the bank's restored offices at Dawson Street in Dublin city centre

A revamped heritage building is now providing office accommodation in Dublin city centre for about 900 AIB Capital Markets and Goodbody workers.

The centrepiece of the new office is the restored 1964 building at 11-12 Dawson Street, formerly home to New Ireland Assurance, the first Irish-owned life insurance company in the country which was founded in 1918.

The new AIB Capital Markets and Goodbody offices are an amalgamation of three different buildings dating from the 1930s, 1960s and 1970s.

The buildings have been restored, extended and upgraded to a BER B2 energy efficiency rating.

Combined they offer about 5,600 square metres over six floors. Goodbody, which celebrates 150 years in business this year, occupies three of the six floors.

Following AIB's purchase of Goodbody in 2021, the bank simplified its combined office footprint and provided a more collaborative workplace.

The bank said that Goodbody is now well integrated in the AIB Group as 400 Goodbody staff moved into the restored offices in Dawson Street with their 500 AIB Capital Markets workers in recent weeks. The renovated building is just a short walk away from AIB Group's Head Office on Molesworth Street.

"We are very proud to act as custodian of this magnificently restored building with such a wonderful historical and architectural pedigree in the heart of Dublin city and to make it once again a home for Irish enterprise," AIB's chief executive Colin Hunt said.

"From these buildings, we are together providing the capital to support our 3.3 million customers with financial services that empower them to build a sustainable future for themselves, their communities and the wider Irish economy," he said.

"In line with our ambition to reduce our carbon emissions, we are also delighted that this heritage building has achieved a strong energy efficiency rating helping us become ever greener in the future while preserving the best of our country's past," he added.

The Minister for Finance Michael McGrath said he was delighted to officially mark AIB Capital Markets and Goodbody moving to their new location at the heart of Dublin city centre.

"The restored building is an excellent example of the blending of the historic with the new. As I have said on many occasions, Irish companies need capital and investment expertise to allow them to expand their businesses," the Minister said.

"I wish AIB Capital Markets and Goodbody continued success in serving the needs of their clients and their ongoing role in supporting the Irish economy," he added.