Google buys $ 1 billion worth of offices in London

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Although teleworking is booming due to its pandemic coronavirus, the Google announced the purchase of a building complex, which already houses a part of offices in London, for his sum $ 1 billion.

The American tech giant is also building one new space, an area of ​​more than 90,000 square meters, in the King Cross district, a project that has already been announced and which is expected to be completed within the next two years, according to AFP.

Thanks to the acquisition of these offices, which until now it rented, “Google will be able to welcome 10,000 employees “including its new King Cross project in Britain,” the company said in a press release today.

Google employs more than 6,400 people in the country, 700 of whom were hired last year.

Following the Covid-19 telecom boom, this market in St. Giles, in the heart of the British capital, “testifies to Google’s continued reliance on office as part of close cooperation and connection “, according to the same press release.

The Californian company intends to invest “several million pounds” for it renovation of the complex, with “new areas of cooperation” that can be structured in different ways, based on the needs, as well as covered outdoor areas “So that one can work in the fresh air”.

According to APE BPE, this complex, which includes three buildings and surrounds a central public square, was designed by the Italian architect Renzo Piano. It hosts other businesses, which will not be affected by the change of owner.

“Vote of confidence in Britain”

The investment announced today “is a significant vote of confidence in Britain as a leading technology hub” and “proof that the country remains one of the most attractive areas in the world for the development of their activities”, welcomed the Minister of Finance Risi Sunak, with his message on Twitter.

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