ITV - acquisition of London Television Centre
Slaughter and May, working as an integrated team with ITV's legal team, advised ITV on the acquisition of 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 £56 million from Coal Pension Properties Ltd. 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 £6.5 million.