One billion dollars, or approximately 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 by buying in particular the 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 on its sites in the United Kingdom, including the new King’s Cross project,” said the company, a subsidiary of the Alphabet group, in a press release. Some 6,400 employees work for the giant of new technologies across the Channel, of which nearly 700 were hired last year.
A record real estate purchase that has something to question the most skeptical at a time when teleworking is becoming more and more essential, even within this group. But this UK project “is a testament to Google’s continued faith in the office as a place to collaborate and connect in person,” the firm responded. 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 welcomed by the British government
Google and Alphabet Group CEO Sundar Pichai announced the news on Twitter and underlined his desire to create a “more flexible future 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 (@sundarpichai) January 14, 2022
The investment announced on Friday “is an important vote of confidence in the UK as a leading tech hub” and “proof that the country remains one of the most attractive places in the world to grow their businesses. “welcomed British Finance Minister Rishi Sunak on Twitter.