Ryanair will move its HQ out of Dublin Airport and to a new facility in the nearby Airside Busisness Park report the Irish Times.
It plans to move about 400 staff into Airside before the end of 2013 and will shortly tender for the fit-out of the building.
As the office is too big for its needs, Ryanair expects to rent about half of the space to other tenants.
Ryanair said it would maintain “some facilities” at its Dublin Airport base for pilots and cabin crew.
“Ryanair’s Airside Business Park relocation will also provide a welcome economic boost for the growing town of Swords, which continues to attract blue-chip corporations, including the world’s largest airline,” he said. The airline only plans to use half of the large headquarters.
“Ryanair will also be offering up to half (50,000 sq ft) of this building for rent to other high-profile multinational companies who are looking for high-spec offices in a great location,” a spokesperson said.
Ryanair decided to buy the premises to lower its rental costs and allow for expansion in the future, and will soon begin fitting out its new offices in the hope of being able to move in the autumn.