It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Google sets up shop in Kings Cross Google sets up shop in Kings Cross
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Google sets up shop in Kings Cross
Reply
 
Thread Tools
Old 21st January 2013, 06:47   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 46,483
Stefan Mileschin Freshly Registered
Default Google sets up shop in Kings Cross

Search Engine Google is moving its new operation to London where it can be close to train links to Scotland.

Property developers have revealed that Google is developing a new UK headquarters which could be worth as much as 1 billion pounds when finished.

The area was the fabled site for a battle between the Romans and the Iceni and is supposed to be the place where Boudicca is buried. Since then it has gone downhill and is now a little more famous for its prostitution and drug abuse.

As a result of some sterling work put in by Kings Cross Central development, which is one of London's biggest regeneration schemes, the area has taken off a bit.

Google has purchased a 2.4 acre site where it will build a million square foot office. It is not clear how much Google paid for the site. Rumours are that Google wrote a cheque for 650 million pounds to buy and develop the site. The office building will be worth up to a billion pounds when it is finished in 2016, a second source said.

Google's Vice President for Northern and Central Europe, Matt Brittin, said in a statement that this represented a big investment by Google.

When the building is finished Google will move from its current offices in the UK capital's Victoria and Holborn districts. Construction on the site will start in late 2013 and the building will range in height from seven to 11 storeys.

Other than the Hogwarts Express, Google's new neighbour's will include the real estate arm of French bank BNP Paribas, as well as a cultural and education centre managed by the Aga Khan, spiritual leader of Ismaili Muslims.

Tax campaigner and accountant Richard Murphy told Reuters that the decision to buy property rather than rent was likely "tax motivated" and driven by the fact the company cannot repatriate the cash to the US without paying a fat tax bill.

http://news.techeye.net/internet/goo...in-kings-cross
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
LG's 2013 Google TV sets to come in more sizes, fresher designs Stefan Mileschin WebNews 0 24th December 2012 07:48
Samsung and Apple still kings of the smartphone market Stefan Mileschin WebNews 0 29th October 2012 07:21
Lenovo axes Android App Shop, points you in the direction of Google Play Stefan Mileschin WebNews 0 21st September 2012 07:10
Civilization V - Gods & Kings Review @ Techgage Stefan Mileschin WebNews 0 28th June 2012 08:22
Crusader Kings II Review @ Techgage Stefan Mileschin WebNews 0 2nd March 2012 07:14
Men Shop Online, Women Shop At Malls Stefan Mileschin WebNews 0 4th January 2012 06:42
Google Sets Revenue Record for Quarter Stefan Mileschin WebNews 0 17th October 2011 07:05
The Witcher 2: Assassins of Kings GPU & CPU Performance Review jmke WebNews 0 3rd June 2011 14:39
Two Gen. VGA Kings V When 6800Ultra meets 7800GTX windwithme Hardware Overclocking and Case Modding 0 16th September 2005 16:22
The Settlers: Heritage of Kings German Demo jmke WebNews 0 13th November 2004 12:50

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 12:55.


Powered by vBulletin® - Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO