NewsCorp cancels Wapping exit

Norman, Paul
September 2008
EG: Estates Gazette;9/13/2008, Issue 836, p42
Trade Publication
The article reveals that heritage, a lack of space and sinking property values have forced Rupert Murdoch's News Corporation to cancel one of the most sought-after relocations in London, England. The media giant confirmed that it had abandoned plans to sell its Fortress Wapping site, and would instead build an innovative campus on the 20-acre site for most of its London publishing businesses by 2012. The statement issued by chief executive James Murdoch on the move is presented.


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