Thursday, January 24, 2013

The other television centre

As the BBC continues to cash in on its few remaining freeholds (cf Television Centre), Archie Norman and Adam Crozier are apparently feeling bullish enough to bid over the asking price for ITV's Southbank home, confusingly known as the London Television Centre.

They have another 56 years in the building as leaseholders, at £1.5m a year, and the freeholders are seeking over £45m to be bought out. From Property Week.

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