Slaughter and May advised ITV on the sale of ITV Cymru Wales' headquarters at Culverhouse Cross to Bellway Homes for £14.5 million. The 7.7 hectare site was sold with outline planning permission for a residential development of up to 243 new homes. ITV Cymru Wales has moved its operations to modern broadcasting facilities in Cardiff Bay.
CONTACTS
Real Estate: Jane Edwarde (partner), Samantha Brady (associate); Planning: Sarah Tolley (associate).
Matter Type
Asset Sale: Seller's Counsel
Industry
Technology, Media & Telecoms
News Category
M&A
Real Estate & Construction