The Crown Estate, whose vast portfolio includes Twitter's U.K. headquarters, launched court proceedings against Elon Musk's social media giant over rent.
which manages the British monarchy’s vast property portfolio, launched court proceedings against Twitter over unpaid rent at the social media giant’s office space in central London’s West End neighborhood, it said in a statement Tuesday.The estate declined to say how much rent was allegedly owed but said in the statement that it brought the action after making contact with Twitter. The two businesses are now in discussions, the statement added.
King Charles III, when he became monarch, inherited a huge number of royal-owned U.K. properties that are managed by the Crown Estate, a trust. They include residences, luxurious office space in central London, offshore wind farms and the
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