One billion dollars, or about 874.5 million euros. This is the colossal sum invested by Google to become the owner of an office complex in the heart of London, we learned this Friday, January 14.
It is in the famous district of King’s Cross that the American giant has chosen to take up residence, in particular by buying premises of which it was a tenant. But in view of its expansion, Google has invested in a gigantic complex of 90,000 square meters.
“Google will have the capacity to accommodate 10,000 employees at its sites in the United Kingdom, including the new King’s Cross project,” said the company, a subsidiary of the Alphabet group, in a statement. Some 6,400 employees work for the new technology giant across the Channel, of which nearly 700 were hired last year.
A record real estate purchase which has something to question the most skeptical at a time when teleworking is more and more essential, even within this group. But this British project “is testament to Google’s continued trust in the office as a place to collaborate and connect in person,” the firm replied. This complex brings together three buildings around a public square. It was designed by the Italian architect Renzo Piano (already author of the famous Center Pompidou in Paris).
An investment hailed by the British government
The big boss of Google and the Alphabet group Sundar Pichai announced this news on Twitter and underlined his desire to create a “future more flexible workplace”.
As part of our commitment to the UK’s growth & success, we’re excited to purchase our Central Saint Giles office in London and invest in creating a more flexible future workplace. Looking forward to having space for 10,000 Googlers across our UK sites! https://t.co/x7X9B4qtuG
– Sundar Pichai (undsundarpichai) January 14, 2022
The investment announced on Friday “is an important vote of confidence in the UK as a leading technology hub” and “proof that the country remains one of the most attractive places in the world for the development of their business “, Welcomed the British Finance Minister Rishi Sunak on Twitter.