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News International today announces it is putting its Wapping site up for sale. The decision to sell the 15-acre site follows a review of News International’s London property portfolio.
The majority of News International’s Wapping-based editorial and commercial staff have now relocated into Thomas More Square with the remainder to be relocated by the end of 2011. Thomas More Square provides the company with excellent facilities and flexibility. As a result, and in light of current market conditions, News International has decided not to proceed with re-modelling the Wapping site.