Google searching for long-term office solution?
August 17, 2010
Google’s decision to take a five-year lease on new offices in London’s Victoria has fueled speculation that the internet giant may soon be looking for a new home in the longer term.
Google has taken 41,000 sq ft at 123 Buckingham Palace Road and will pay a rent of £36.50 per sq ft. However, given the fact that the lease has break options at the end of the third and fourth years and that Google is based in other locations it would make sense for them to consolidate into one building.
Paddington and a new redeveloped Middlesex Hospital site in Noho have been mentioned as possible relocations but we at Bray Fox Smith think it will take a very sweet package to lure them away from Victoria.
