Taylor Wessing, Olswang and Eversheds have taken roles on a deal which will see the 2012 London Olympics press and broadcast centres developed into a new digital quarter in the capital. The project will see iCITY – a joint venture between data centre operator Infinity and real estate investment company Delancey – develop a hub for the digital and creative industries in east London's Queen Elizabeth Olympic Park. According to iCITY, the deal takes total investment in the press and broadcast centres to more than £1bn, including London 2012 construction costs, secured tenants, Infinity clients and iCITY development costs.
May 23, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Taylor Wessing, Olswang and Eversheds have taken roles on a deal which will see the 2012 London Olympics press and broadcast centres developed into a new digital quarter in the capital.
The project will see iCITY – a joint venture between data centre operator Infinity and real estate investment company Delancey – develop a hub for the digital and creative industries in east London’s Queen Elizabeth Olympic Park.
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