Recruitment agency Annapurna is taking around 6,000 sq ft on level nine of the former ITV London Television Centre building.
CO—RE has secured the tenant until at least June 2021 with rolling break clauses thereafter, to facilitate the future redevelopment of the site. The remaining offices are available at a rent of £20 per sq.ft.p.a. via the letting agents, Union Street Partners.
This is CO—RE and Mitsubishi Estate’s first new letting at the 2.5-acre site since the outbreak of COVID-19. During the peak of the pandemic, the extensive car parking facilities on the site were donated to local Guy’s and St Thomas’ Hospital for their staff to use for free to help them deal with the crisis. The building was one of a number of prominent London landmarks that was lit up with thank you messages to thank the NHS on Thursday nights at the height of the pandemic.
Bradley Baker, Director of CO—RE, commented: “This letting to Annapurna is a very positive start to our short-term flexible leasing initiative and is illustrative of the attraction of the site’s peerless riverside location.”
Yuichiro Shioda, Managing Director of Mitsubishi Estate London, added: “Although we have an ambitious long-term vision for the scheme, our management of the building in the near-term is no less important. As such, this recent letting is a significant step and a positive start to our relationship with CO—RE and our wider development plans.”
15/07/2020 14:46 by Buildington
ITV Studios is moving its Daytime production business from their present location at London Television Centre tower on London’s South Bank to White City Place.
ITV Studios Daytime will be based in White City during the redevelopment of the South Bank site.
23/06/2017 11:58 by Buildington
ITV has acquired the freehold of London Television Centre, home to the company's headquarters and studios on the South Bank.
The company has purchased the 2.5 acre site for £56million from Coal Pension Properties Ltd whose agent on the sale was LaSalle Investment Management. Should there be any substantial redevelopment of the site in the next 10 years, Coal Pension Properties may receive additional payments up to a maximum of £6.5m.
Prior to the purchase, ITV was locked into a 56 year lease with no breaks on the 22-storey tower and studio complex, which was purpose built in the early 1970s for London Weekend Television.
The purchase gives ITV flexibility in its property strategy as it continues to transform and rebalance the company. It follows on from the decision to completely modernise and refurbish its offices and studio facilities in Leeds and to relocate its northern offices and studios in Quay Street, Manchester to MediaCity in Salford.
28/01/2013 12:32 by Buildington
21/07/2011 13:08 by Buildington