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Aviva confirms White City deal

future-television-centre-THUMB.jpegAviva Investors’ purchase of the first refurbished part of  Television Centre, W12 has been confirmed.

The Aviva Investors Lime Property Fund acquired the leasehold from Stanhope and Mitsui Fudosan for £67m, representing a net initial yield of 3.75%.

BBC Worldwide has agreed a 25-year lease on the property.

JLL and Pinsent Masons acted for Lime and LSH for the BBC DTZ. Macfarlanes acted for Stanhope and Mitsui Fudosan.

alex.horne@estatesgazette.com

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