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ITN Renews Leases at Gray’s Inn Road

ITN Renews Leases at Gray’s Inn Road
14 January 2025
 

Independent Television News Limited has re-committed to lease two properties at Gray's Inn Road for a term of ten years.

The media hub buildings at 200 & 214 Gray's Inn Road, WC1 currently serve as production space for news programming for ITV, Channel 4 and Channel 5.

Independent Television News Limited (ITN) leases around 40 per cent of the total floor area across the two properties for an annual rent of £4.1 million.

The 287,900 sq ft media hub building is owned by a 50:50 joint venture between Great Portland Estates (GPE) and Ropemaker Properties. 200 Gray's Inn Road is currently being renovated to introduce a new 8th floor with a large west-facing roof terrace, a 1,400 sq ft pavilion and an internal garden at the base of the atrium.

Toby Courtauld, Chief Executive at GPE, said: "We are delighted that ITN has renewed its leases at 200 Gray's Inn Road and committed to the building for a further 10 years. The new leases exemplify the confidence of our customers in GPE's ability to deliver a complete upgrade and renewal of 200 Gray's Inn Road into a best in class workspace, meeting the needs of our customers."

Picture: a CGI showing the proposed new atrium style view at 200 Gray’s Inn Road with glass railings and interconnected walkways across multiple levels. Image Credit: GPE and Bennett Associates

Article written by Ella Tansley | Published 14 January 2025

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