Search

British Land to purchase the Daily Mail’s printing works

PUBLISHED: 10:03 02 July 2012

Property developers British Land are to purchase the Daily Mail’s printing site in Canada Water at the end of 2013.

The move follows the newspaper group’s decision to relocate its printing operations from Harmsworth Quays to Thurrock.

British Land is the UK’s second largest commercial property developer, and has recently been increasing its presence in East London believing Canada Water to be a site with potential for regeneration. In May, Southwark council granted permission for the company’s proposed £34m redevelopment of Surrey Quays shopping centre, which they hope will be completed in 2014.

Mike Rayner, Development Director at British Land, said: “The purchase of this large site adjoining our existing ownerships re-enforces our confidence in the area and demonstrates our continued commitment to the wider Canada Water regeneration and Rotherhithe.

“We look forward to working together with the London Borough of Southwark and the local community to realise the full potential of this site.”


If you value what this story gives you, please consider supporting the East London Advertiser. Click the link in the orange box above for details.

Become a supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Latest from the East London Advertiser