
Mitsubishi Estate London has exchanged contracts with ITV to buy its former South Bank base at the London Television Centre for £145.6m.
Yuichiro Shioda, managing director and chief executive of Mitsubishi Estate London, said: “The size and South Bank location of this site present a unique opportunity to create something that is truly a destination in its own right.
“While our exact plans for the site are still being finalised, we will be working towards a scheme that contributes to both the local community and cultural focus the area enjoys, and will be seeking an open dialogue
Access the full EG article for free
Register now and read two complimentary EG articles in full every week and discover why EG’s trusted real estate intelligence is essential for your business