Aviva Investors has paid upwards of £60m – a 3.75% yield – for the first phase of Stanhope’s redevelopment of the former BBC Television Centre, W12.
The long leasehold interest in White City stage 6 was put up for sale last year for £55m. The 100,000 sq ft block has been newly refurbished and is now home to BBC Worldwide.
Stanhopebwill retain the freehold
DTZ and LSH advised Stanhope; JLL acted for Aviva.
