ITV purchase of Television Centre frees way for new property strategy

Media CityBroadcaster ITV has completed the £56 million purchase of the freehold for its core London Television Centre property, which is home to the company’s headquarters and studios in London. The move allows ITV the chance to embark on a planned new property strategy across the UK that will include  the refurbishment of its Yorkshire studios and the relocation of its North West operation to Media City in Salford from its current base in Manchester. Media City (above) is already home to the BBC and the move will provide further hot-housing of the UK’s key national media in the area.