News Corp signs 30-year lease on The Place

By Jim Dunton - Fri 10 January 2014, 3:30 pm

Media giant News Corp has signed a 30-year lease on Sellar Property's 17-storey, 430,000 sq feet The Place office development at London Bridge Quarter.

The company said its News UK arm, which owns The Sun, The Times, Dow Jones, and HarperCollins, would move into the new UK headquarters this summer.

Sellar Property chairman Irvine Sellar said the firm was delighted to welcome News Corp’s London operations to Southwark.

“The wide range of global brands is helping create a dynamic business hub at London Bridge with a strong media flavour,” he said.

“These internationally recognised businesses join other major brands at The Shard, including Shangri-La as well as companies from a diverse range of sectors such as oil and gas, media, law and asset management.”

News UK will be bringing 3,500 News Corp employees to The Place from current bases in Hammersmith, Holborn and Wapping, creating a single-site London headquarters for the first time.

London Bridge Quarter was designed by Renzo Piano and Sellar Property has developed it in association with the State of Qatar.