According to the Guardian UK, Google has purchased a 2.4 acre property in the King’s Cross and St Pancras station area of London. The company plans to build two buildings to consolidate its London operations into a single complex. Google currently has two London offices.
The deal is reportedly worth £1 billion or roughly $1.6 billion. This follows similar moves in New York and Dublin, Ireland in the past few years.
The King’s Cross area has been revitalized over the past five years since the Eurostar train terminal opened at the St Pancras station in 2007. The area is now home to a number of media companies.