Tech giant Google has spent $1 billion (approximately Rs 7,410 crore) to buy a building in central London, where it is currently a tenant, showing its confidence in the office as a future work place, The company made the announcement on Friday.

Google, which employs 6,400 people in the UK, is planning to renovate its offices in the central St Giles development it is buying, near Covent Garden in central London.

We have had the privilege of operating in the UK for nearly 20 years, and our purchase of the Central St Giles development reflects our continued commitment to the growth and success of the country,” said Ruth Porat, Chief Financial Officer of Google’s parent company. Officer, alphabet.

Google plans to remodel the building so that it is suitable for individual teamwork and has meeting rooms for hybrid working, as well as creating more space for individuals.

The new renovation will also include covered outdoor workspaces to allow fresh air to work in, the company said.

Google said it would eventually have a capacity of 10,000 workers at its UK sites, with one being developed at King’s Cross in London.

“Google’s investment in Jobs is a huge vote of confidence in the UK as the world’s leading technology hub,” Finance Minister Rishi Sunak said in a statement.

Google said last month Omicron was delaying its plans to return to Office globally amid growing concerns over the version.

The Central St Giles Building was owned by a joint venture between Legal and General Investment Management Real Assets and Mitsubishi Estate London Limited.

Tech giant Google has spent $1 billion to buy a central London building where it is currently a tenant, the company said on Friday, showing its confidence in the office as a place to work in the future.

Google, which employs 6,400 people in the UK, is planning to renovate its offices as part of the Central St Giles development, close to Covent Garden in central London.

“We have had the privilege of working in the UK for nearly 20 years, and our purchase of the Central St. Giles development reflects our continued commitment to the country’s growth and success,” said Ruth Porat, CFO of Alphabet, Google’s parent company.

Google plans to remodel the building to optimize it for individual teamwork and have hybrid working as well as meeting rooms to create more space for individuals.

The new refurbishment will also feature an outdoor covered working space for fresh air work, the company said.

Google said it would eventually have capacity for 10,000 workers at UK sites, including one being developed in the King’s Cross area of ‚Äč‚ÄčLondon.

“This investment in jobs from Google is a huge vote of confidence in the UK as the world’s leading technology hub,” Finance Minister Rishi Sunak said in a statement.

Google said last month that it was delaying its return-to-office plan globally amid growing concerns over the Omicron version.

The Central St Giles Building was owned by a joint venture between Legal and General Investment Management Real Assets and Mitsubishi Estate London Limited.

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