Murdoch's News UK, Dow Jones to move to Shard neighbour

LONDON, July 12 Fri Jul 12, 2013 8:13am EDT

LONDON, July 12 (Reuters) - Rupert Murdoch's News Corp said it would move its entire London operations to an office block at the foot of London's Shard, western Europe's tallest skyscraper, marking the first major office letting for the Qatari-owned scheme.

The move will see News Corp's wire service Dow Jones, publisher HarperCollins and News UK, which publishes British newspapers The Sun and The Times, come under one roof for the first time, News Corp said on Friday.

The group will take over the whole of the 430,000 square foot building called The Place, which sits next to the London Bridge train station in the shadow of its more famous neighbour. The scheme, which was funded by the state of Qatar, has sat empty since it opened in July 2012.

The main Shard tower has not announced an office tenant yet but several property sources previously told Reuters it was waiting to reveal several occupiers, which are likely to include broadcaster Al-Jazeera, in one announcement.

News UK, which used to be known as News International and which closed down the News of the World paper in 2011 over a phone hacking scandal, has been looking for a new home as its lease on Land Securities's Thomas More Square scheme expires next year.

The three units will begin relocating to the new site by the River Thames in the middle of next year, News Corp said.

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