LondonMetric Property sells broadcaster's home.
LondonMetric Property has sold the broadcaster’s Pacific Quay home and an 85,000 square feet office in Dundee which is occupied by telecommunications giant BT to a single buyer.
STV has a further 17 years to run on its lease for the 60,000 sq ft premises while the BT deal on Tayside runs for 17 and a half years.Andrew Jones, chief executive of LondonMetric, said:"These are good, well-let assets. However, we continue to exit non-core sectors and geographies and reinvest in sectors where we have a competitive edge, and which are enjoying a structural tailwind.
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