Nicer Offices Are Coming Back. Google Bet Another $1 Billion on It.
The company’s purchase of a London office complex highlights a shortage of the kind of space post-pandemic work demands.
The office complex in London that Google has agreed to buy for $1 billion.
Photographer: Photo by TOLGA AKMEN/AFP via Getty Images)
The big brains at Google have to work somewhere, and they often have to be in the same place. Yet, premises that can serve a large, collaborative staff in this new era of work are scarce. No wonder the online giant has snapped up some prime office space in London.
Google last week agreed to buy one of its London sites for 763 million pounds ($1 billion). The firm is also building a mammoth campus a couple of kilometers to the north. Meanwhile, Facebook doubled its office space nearby, and Google struck a deal to buy a New York office last year.