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Barclays signs 20-year lease for Dublin office space amid Brexit preparations

Barclays Plc unit Barclays Bank Ireland Plc signed an agreement with Green REIT Plc to lease 3,437 square meters of office space at One Molesworth Street in Dublin for 20 years, the latter said.

Barclays has reportedly been in negotiations with Irish officials about enlarging its operations in Dublin as part of its contingency plans to retain access to the EU's single market after the U.K. exits the bloc.

The bank's expansion plans for Dublin would remain unaffected by Brexit negotiations, CEO Jes Staley told analysts during a conference call on the bank's second-quarter earnings.

The bank reported a second-quarter loss attributable to ordinary equity holders of the parent of £1.40 billion, compared with a profit of £677 million in the second quarter of 2016.