Twitter sued for ‘unpaid rent’ for London office



Twitter’s UK landlord stated Tuesday he takes social media to court docket for failing to pay the hire on his central London places of work.

The Crown Property, an organization that manages land and property belonging to the British monarchy, stated it had introduced an motion within the Excessive Courtroom over hire arrears on an workplace area close to Piccadilly Circus.

A consultant stated he had beforehand contacted Twitter and is presently in talks with the corporate.

Twitter didn’t instantly reply to a request for remark.

Elon Musk, the billionaire CEO of Tesla and SpaceX, purchased Twitter for $44 billion (£35 billion) in October final 12 months.

He laid off half the workforce and reportedly stopped paying hire on workplace area to attempt to elevate funds after taking over large debt to purchase the corporate.

The San Francisco Chronicle reported Monday that the owner of Twitter’s San Francisco headquarters has sued the corporate for allegedly not paying almost $6.8 million in hire for December and January.

Twitter has a London workplace in a fancy on Air Avenue referred to as Air W1, which is leased by the Crown Property.

The Day by day Telegraph reported that the indicators and logos had been faraway from Twitter, however an worker stated the corporate nonetheless has a presence there.

Twitter UK began utilizing this workplace in 2014, based on Corporations Home, which lists this as a registered tackle.

The Crown Property is an independently managed portfolio of monarchy land, property and different property.

Its industrial earnings go to the Treasury and the monarch receives an annual allowance of 15 p.c of his income, generally known as the Sovereign Grant.

The Crown Property says it owns greater than 2.6 million sq. toes (241,550 sq. meters) of workplace area in central London.