Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON-Rupert Murdoch is considering the relocation of his newspapers from Wapping in London Docklands.

News International’s original move to Wapping was the first of a major newspaper and it broke the historic base of the UK’s media in Fleet Street. Since then most of the country’s national newspapers have relocated out of the West End because it is seen as too expensive.

At the time land in Docklands was cheap. But the success of Canary Wharf has seen office rents and land values in the area skyrocket. News International believes better value can be achieved by selling the site and moving to a cheaper location.

Murdoch has alreadly commissioned Lord Rogers, the architect of the Millennium Dome, to redevelop a 40-acre site at Deptford in south London.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.