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January 21, 2008updated 22 Jan 2008 7:31pm

‘Fortress Wapping’ on the block

By Martin Stabe wirepost

News International is selling its Wapping headquarters, the Financial Times reports.

The most likely new home for the News International newspapers — the Times, Sunday Times, Sun and News of the World — could be Canary Wharf or Waterloo, the FT says.

Rumours of a sale of “Fortress Wapping” last summer lead to predictions that News International could cash in on “massive demand” for property in east London.

In July 2007, the FT had reported that News International had hired agents to find a 32,500- to 37,160-square-metres office space. Among the areas mentioned then as potential locations for the site were the City, South Bank, or Paddington in west London.

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