Despite previously announcing a delay in its global return-to-work plan amid surge concerns, Google is showing it’s support for in-office work environments with the announcement that the tech giant has spent $1 billion on a massive real estate deal in London.
Per company release, Google has bought the central London building where it is currently a tenant. The company, which employs 6,400 people in Britain, plans a multi-million dollar renovation of its offices located in the Central Saint Giles complex.
Plans call for Google both in-person and meeting rooms for hybrid working, as well as outdoor covered working spaces and enlarging indoor spaces for individuals. Google anticipates being able to increase capacity to 10,000 employees across its UK sites.
“We have been privileged to operate in the UK for nearly 20 years, and our purchase of the Central Saint Giles development reflects our continued commitment to the country’s growth and success,” said Ruth Porat, CFO of Google’s parent company Alphabet.