Developer Liam Carroll's Zoe Group, which is in receivership, is set to lose Google as a tenant.
The internet search engine giant, which employs 1,500 people in Dublin, wants to purchase 200,000sq ft of office space in the city centre and has tasked Peter Stapleton of property advisers Lisney to find an appropriate headquarters.
The news is the latest blow to Carroll's Zoe Group after AIB initiated five separate court actions in a bid to recover more than €550m in unpaid loans and interest made to companies in the group. An application to have the cases entered into the Commercial Court will be heard tomorrow.
The Sunday Tribune has also learned that Anglo Irish Bank told Carroll that it wanted 40,000 square feet of additional space at the building on North Wall Quay near the IFSC in Dublin that was earmarked as its future headquarters.
Documents show that Carroll was planning to develop a domestic financial services centre there with Anglo, AIB and Bank of Ireland all renting buildings from him.
The banking sector collapsed not long afterwards.
Receivers have been left to await the decision of An Bord Pleanála on whether the building can be retained. It has stood unfinished since developer Sean Dunne challenged the legality of the planning granted for it by the Dublin Docklands Development Authority (DDDA), a case he won. Dunne had offered mediation talks to Carroll prior to taking the case, the Sunday Tribune has learned.
Meanwhile Carroll’s Dunloe Ewart has reached agreement with Dublin City Council in relation to levies for a mixed-use development approved at Sir John Rogerson’s Quay in the south docks. “There was an error in the original calculation of development contributions,” a spokeswoman for the council said and the agreement “regularises the matter”. Carroll took control from developer Noel Smyth after a bitter takeover battle. Smyth is seeking damages of €150m from Carroll and others in relation to a separate dispute over the Square shopping centre in Tallaght in west Dublin.