London – September 05, 2011 – 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.
News International publishes The Times, The Sunday Times and The Sun. In terms of growth, share, circulation and reader engagement, the Company's titles are among the world's most successful. News Printers Group Limited prints the national titles and operates as a contract printing subsidiary for the three state of the art printing plants. Further brands which are part of the group include the Times Literary Supplement and milkround.co.uk. The News International group has an investment in fashion website BrandAlley.co.uk.
In 2007, News International became the UK's first carbon neutral newspaper publisher. This was achieved by increasing energy efficiency, switching to renewable energy and combined heat and power and purchasing high quality offsets.
Miranda Higham 020 7782 6462