Woodlands sale

Earlier this week we completed the sale of the Woodlands site to Imperial College London. For an education and research institution of the quality of Imperial College London to expand within W12 is a great boost for our 'Creative London' vision and is a clear demonstration that, even in the most difficult of property markets, good sites - as part of a wider well thought through proposition - will attract investment from the top players. 

We are delighted to have achieved a sale in this marketplace which offers good value for our licence fee payers. The new occupier shares the BBC's values, reinforces the innovative and creative culture of the area and offers potential partnerships for the future.

Thanks to Gavin Lewis, Peter Copley, Peter Farrell and a host of others for their contribution to this deal.

More details from the BBC Press Office website