ITV sells South Bank studios

ITV has agreed to sell its South Bank studios for £145.6 million (€169.8m).

The London Television Centre, the former home of This Morning breakfast show on the capital’s South Bank will be offloaded in a deal with Mitsubishi Estate London Limited.

In a statement, ITV confirmed the sale, saying: “ITV has today exchanged contracts for the sale of the London Television Centre on the South Bank to Mitsubishi Estate London Limited in an all-cash transaction for £145.6m. Completion is expected to occur by the end of November.”

ITV’s morning television shows have relocated to White City in the West End of London.