UK’s Crown Property sues Twitter over alleged non-payment of hire in London places of work

The Crown Property, a British industrial property portfolio traditionally belonging to the monarch, started court docket proceedings towards Twitter over the tech large’s alleged non-payment of hire in its London places of work, a spokesperson of the property enterprise instructed CNN on Monday.

The Crown Property is run by an impartial board and boasts a group of economic buildings and land which generate income which might be collected by the British authorities for public spending.

In keeping with the Crown Property spokesperson, the authorized motion follows earlier contact with Twitter concerning the rental arrears on its workplace area at 20 Air Avenue, London. Discussions between the businesses are ongoing, the spokesperson added.

CNN has reached out to Twitter for remark.

Twitter at present faces at the very least one different lawsuit over unpaid hire. A industrial landlord is suing Twitter for breach of contract after the corporate allegedly did not pay hire for one among its places of work in San Francisco.

The lawsuit considerations Twitter’s workplace area at 650 California Avenue, not its essential headquarters on Market Avenue. But it surely got here after media reviews mentioned Twitter’s new proprietor, Elon Musk, had stopped paying hire on Twitter’s workplace area globally — together with for its headquarters — and had instructed staff to not pay firm distributors, in an obvious effort to chop prices.

Musk acquired Twitter for $44 billion, together with a considerable quantity of debt financing.

– CNN’s Brian Fung contributed to this report