Search engine provider Google's parent, Alphabet, increased spending on property and equipment by about 27% in the third quarter, becoming the second U.S. tech giant in less than a week to say costs for its expanding use of commercial real estate cut into its financial results.
Google's Increasing Investment in Office Buildings, Workforce Hit Its Bottom Line
Alphabet, Google's Parent Company, Boosted Property Spending in Third Quarter
CoStar News
October 29, 2019 | 4:22 P.M.
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