Overview

• The BBC has sold its Elstree Centre, including the EastEnders set, to insurance giant AXA as part of a drive to raise funds.
• The sale price has not been disclosed, but the BBC was reportedly seeking £70m.
• The BBC will lease back the EastEnders site from AXA, ensuring the soap will continue to be filmed there.
• The sale is part of the BBC's ongoing review of its property portfolio to provide the best value for licence fee payers.
• AXA plans to redevelop the Elstree complex to capitalise on the high demand for UK film and TV studios.