The BBC is investigating the sale of several of its trophy property assets as part of a major-cost cutting review.

The corporation’s headquarters, Television Centre in White City, which is thought to be worth between £200-300m, is one of the properties recommended for sale.

BBC director general Mark Thompson and the property team have put together proposals which suggest that selling some of the BBC estate will raise capital to help the broadcaster cope with its £2bn shortfall, caused by a lower than expected licence fee settlement. They will present the suggestions to the BBC Board today.

Other properties which could be sold include Woodlands, an office block close to Television Centre which houses BBC Worldwide, the commercial division. Affected staff from the sales will move into the BBC’s central London offices at Broadcasting House, or to the media village being built in Salford, near Manchester.

Salary cuts
The BBC is also looking at other cost-cutting measures, including cutting the salaries of its celebrity presenters. Around 2,800 jobs could be lost.