ITV purchase of Television Centre frees way for new property strategy

Broadcaster 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.

January 26, 2013

Tech and media firms drive demand for London offices

by Mark Eltringham • News, Property, Technology, Workplace design

The UK’s thriving technology and media sectors are driving demand for office space in London, creating hotspots of businesses and talent according to a new report published yesterday by property services provider Colliers International. However a shortage of supply means that not only are tech and media firms driving up rents and supplanting traditional businesses, many are adopting more ‘institutional-style’ office spaces then using design and refurbishment to put their own stamp on them.