Meta pays £149m to break lease on central London office building

  • September 27, 2023
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Landlord British Land says decision will knock earnings for six months to next March

Facebook’s parent company, Meta, has paid £149m to break its lease on a central London office building, in the latest sign of large corporates cutting back on workspace amid the post-pandemic boom in hybrid working.

The decision comes just two years after the tech firm committed to occupying the site owned and recently redeveloped by British Land at 1 Triton Square near Regent’s Park.

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