UK property group Landsec has taken full ownership of MediaCity in Salford, including television facility dock10.
Landsec acquired the remaining 25% interest that it did not own in MediaCity from Peel Group, plus dock10 and a 218-bed hotel which were wholly owned by Peel.
The acquisition is based on a cash consideration of £22m plus the assumption of £61m of secured debt.
dock10’s studios are home to many of the UK’s top shows, including the BBC’s Match Of The Day and ITV’s The Voice.
Landsec said the transaction provides it with full control of MediaCity and the ability to implement its plans for the estate, plus the potential to deliver new residential space on the land adjacent.
Mike Hood, CEO of Landsec U+I, said: “MediaCity has huge potential. Through our increased ownership, we can curate a place that continues to attract cutting-edge businesses and investment to the area, and where people choose to come to work, live and enjoy their lives. We look forward to sharing more about our plans in the near future.”
You are not signed in
Only registered users can comment on this article.
Film and TV Charity launches 2026 Looking Glass Survey
Kicking off the start of Mental Health Awareness Week, the Film and TV Charity has launched the 2026 Looking Glass Survey to analyse staff wellbeing experiences in the industry.
Sky extends Formula 1 deal in UK, Ireland, and Italy
Sky and Formula 1 have struck a multi-year agreement for the exclusive rights to broadcast Formula 1 race weekends in the UK, Ireland, and Italy through the next decade.
Framestore promotes Theo Jones to Creative Director of AI
VFX giant Framestore has promoted Theo Jones to the newly created role, Creative Director of AI.
Bectu calls for government intervention in Paramount–WBD merger
Film and TV industry union Bectu has called for the government to intervene in the proposed merger between Paramount Global and WBD, warning that the deal risks increasing insecurity for creative workers and further concentrating media power in the UK.
Open letter urges UK government to back campaign against on-set injuries
Senior leaders from the film, TV, and theatre industries have come together to urge the UK government to support a campaign to prevent on-set injuries.
Registered users only: Login
