BBC picks Stanhope again

SONY DSCThe BBC has selected Stanhope as its preferred bidder to buy the White City Media Village.

The buildings on the site, which total around 1.2m sq ft are mainly leased to the BBC until 2035, but it is reported that an earlier exit could be negotiated to bring forward the date of a potential redevelopment.

Stanhope is already working on the redevelopment of the former BBC TV Centre.

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