STANHOPE SNAPS UP BBC TELEVISION CENTRE

THE BBC has sold its Television Centre complex in the White City area of London to developer Stanhope for about £200m. The BBC put the 14-acre site on the market in June 2011 and exchanged contracts with Stanhope at the weekend, it said yesterday. Stanhope, reportedly backed by Japanese property company Mitsui Fudosan, has not revealed what it will do with the doughnut-shaped site, part of which has protected status. The BBC intends to vacate Television Centre by 2015.