Have they got news for you … ITV buys up HQ for £56m
Tuesday 29 January 2013
London Television Centre, the studio complex where everything from Have I Got News For You to Melvyn Bragg's South Bank Show and Loose Women has been filmed over the last 40 years, was bought by ITV yesterday – after it spent decades leasing the site.
The chief executive, Adam Crozier, paid £56m for the freehold of the 22-storey office block, which also serves as ITV's corporate HQ.
He was keen to acquire the 2.5-acre site because the broadcaster was locked into a lease which still had 56 years to run, with no break clauses allowing an early exit.
Coal Pension Properties, which sold the site, could earn an extra £6.5m if ITV carries out "any substantial redevelopment" in the next 10 years – like turning it into flats. But a source stressed there are no redevelopment plans. The studios are in the bottom of the centre, which stands between the National Theatre and the Oxo Tower in Waterloo. London Weekend Television, now part of ITV, commissioned the purpose-built complex in the early 1970s.
-
Stand by for another DECADE of wet summers, say Met Office meteorologists
-
Bosses of collapsed banks should be sent to jail, banking standards commission tells George Osborne
-
Feat of engineering: Incredible photographs show construction beneath New York's Second Avenue
-
World news in pictures
-
Google challenges US surveillance gagging order
- 1 Diary of Second World War German teenager reveals young lives untroubled by Nazi Holocaust in wartime Berlin
- 2 Bosses of collapsed banks should be sent to jail, banking standards commission tells George Osborne
- 3 Breaking the Silence: In the reality of occupation, there are no Palestinian civilians – only potential terrorists
- 4 Uri Geller psychic spy? The spoon-bender's secret life as a Mossad and CIA agent revealed
- 5 Vice pulls 'breathtakingly tasteless' fashion shoot glorifying the suicides of famous female authors from Sylvia Plath to Virginia Woolf
Get your summer started with British Military Fitness
BMF is the UK’s biggest and best loved outdoor fitness classes
How will you make today delicious?
Tell us how you plan to make today delicious and you could win a £50 M&S gift card.
Learn a new language
Add another string to your bow with Rosetta Stone, whether it's Spanish, Italian or Mandarin...
Making reading fun for kids
Nook is donating eReaders to volunteers at high-need schools and participating in exclusive events throughout the campaign.
Introducing the 'Get Reading' campaign
Get the latest on The Evening Standard's campaign to get London's children reading.
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
iJobs Money & Business
Fidessa Analyst / PM - Banking - London - £600pd
£550 - £600 per day: Orgtel: Fidessa Analyst / PM - Banking - London - Up to £...
Quant Analyst, Banking, London, £55-60k Per Annum
£55000 - £60000 per annum + Benefits + Pension: Orgtel: Quantitative Analyst, ...
KYC ANALYST
£150 - £250 per day: Orgtel: KYC Analyst - London - Banking - £150-250/day C...
Senior Finance Project Manager
£425 - £550 per day: Orgtel: Senior Finance Project Manager - £550 - Bristol -...
Day In a Page
First night: The Cripple of Inishmaan
Scandi-geeks descend on Nordicana for fan-convention
Female aristocrats battle to inherit the title



Comments