The BBC said that it will receive £87 million for the sale of four acres of freehold land and the lease of six buildings – three of which will continue to be occupied by the BBC. This will result in £33 million of annual running cost savings.
The three buildings being vacated by the BBC – White City One, Media Centre and Garden House – will be fully refurbished and brought back to the market from late 2016.
“This will mean the corporation’s property footprint is now reduced by around 40 per cent since 1998 – a significant achievement within the public sector,” said the BBC.
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