Google buys London office development for $1bn

Google has acquired the iconic Central Saint Giles office development in London’s West End, where it is currently a tenant, for $1 billion (£762.5m) from a joint venture between Legal & General and Mitsubishi Estate London. Google said this investment represents its continued confidence in the office as a place for in-person collaboration and connection. Ruth Porat, SVP and CFO of Google and Alphabet, said: “We have been privileged to operate in the UK for nearly 20 years, and our purchase of the Central Saint Giles development reflects our continuedcommitment to the country’s…

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