In what is being considered vote of confidence in the UK property market, Google has bought the 11-storey Central Saint Giles development in central London for £730m.
The tech giant, which already rents around 40% of the Renzo Piano-designed building near Oxford Street, has agreed a deal to buy the development from Legal & General Group and Mitsubishi Estate.
With 6,400 people in Britain, Google is planning a multi-million pound refurbishment of these offices within this development. It is being reported that the new refurbishment will also feature outdoor covered working spaces to enable people to work in the fresh air.
Google said it would eventually have capacity for 10,000 workers at its UK sites, including one being developed in the nearby King's Cross area of London.
