In London, Twitter’s headquarters have been located near Picadilly Circus since 2014, in a compound called Air W1, which belongs to the British royal family.
BY AFP
The Crown Estate, the body that manages property belonging to the British monarchy, announced on Tuesday that it had taken legal action against US social network Twitter, accusing it of not paying the rent for its London headquarters.
A Crown Estate representative said he had contacted Twitter and was in talks with the company, which was bought in October for $44 billion by billionaire Elon Musk.
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Since then, the Tesla and Space X founder has laid off half of his workforce and stopped paying the rent of some of his offices to save money, according to US media. The company has been sued by several owners in the United States.
In London, Twitter’s headquarters have been located near Picadilly Circus since 2014, in a compound called Air W1, which belongs to the British royal family.
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The Daily Telegraph newspaper reported that the social network’s logo had been removed from the building, but a company employee assured that the building continues to be occupied.
Twitter could not be reached for comment.
The Crown Estate, one of England’s largest landowners, owns important property in the heart of Londonthe royal domain of Windsor and the seabeds of England, Wales and Northern Ireland, with assets valued at over £15 billion ($18.5 billion).
The benefits are sent to the British Treasury under a century-old agreement whereby the king, now Charles III, gets back a portion of them through an annual grant to finance the royal household’s expenses.
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