WorldCarlos III against Elon Musk: the real estate agency...

Carlos III against Elon Musk: the real estate agency denounces Twitter for not paying the rent for its offices in London


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The Crown Estate, the body that manages assets owned by the British monarchy, announced on Tuesday that it had taken legal action against the American social network. Twitteraccusing her of not paying the rent on her London headquarters.

A representative of Crown Estate said he had contacted Twitter and that he was in talks with the company, bought in October for 44,000 million dollars by the billionaire Elon Musk.

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Since then, the founder of Tesla and Space X has fired half of the workforce and has stopped paying the rent of several of his offices in an attempt to save money, according to US media. The company has already been sued by several owners in the United States.

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In London, the headquarters of Twitter has been located since 2014 near Piccadilly Circusin a complex called Air W1, owned by the British royal family.

The Daily Telegraph newspaper reported that the logo of the social network was removed from the building, but an employee of the company assured that it continues to occupy the premises.

Can’t contact Twitter to get feedback.

The Crown Estateone of the largest landowners in the United Kingdomhas important properties in the heart of Londonthe royal domain of Windsor and the seabed of England, Wales and Northern Ireland, with assets valued at more than £15 billion ($18.5 billion).

Its benefits are delivered to the British Treasury under a century-old agreement whereby the monarch, now Charles III, recovers part of it through an annual grant to finance the expenses of the royal household.

Source: Elcomercio

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I am Jack Morton and I work in 24 News Recorder. I mostly cover world news and I have also authored 24 news recorder. I find this work highly interesting and it allows me to keep up with current events happening around the world.


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