ITN landlords

ITN will shortly have new landlords on Gray's Inn Road. Great Portland Estates and the BP Pension fund have bought 200 and 214 Gray’s Inn Road for £133m. 200 was designed by Norman Foster specifically for ITN in 1989, but over the years it's contracted to fewer and fewer of the 10 floors, with other tenants coming in. 214 is largely car parking and back-up accommodation for ITN. GPE reckon it's a good deal, with the investment in King's Cross/St Pancras continuing, and Crossrail coming soon at Farringdon. (When someone gives the Calthorpe Arms a lick of paint and a clean carpet, then I'll believe the area's coming up....)