MediaCity is the Salford media and creative estate now fully owned by Landsec. Peel sold its remaining interest and associated operations in October 2024. [1][2][3]
Landsec's accounts record completion on 30 October 2024, while the public announcement followed on 1 November. The purchase included Peel's residual 25% MediaCity interest, management rights and related wholly owned entities operating studios, the hotel and other estate services. The current estate interest is 100% Landsec. Historical Peel development credentials do not establish current Peel equity ownership; this destination profile does not equate the estate with a single legal company or every tenant business. [1][2][3]
UK estate / destination · separate holding entities not reconciled [2]
Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.
Follow the investment
Investors in MediaCity
Investor disclosures found
Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.
Held entity · MediaCity · Landsec's acquired property and related operating interests
100% · after acquiring Peel's remaining 25%
Acquisition completed ·
Landsec's current destination description and 2025 report Note 43. Completion was 30 October 2024, rather than the later announcement date. Ownership of the development and acquired studios/hotel businesses is distinct from its media-company tenants.
Land Securities Group PLC · Note 43, printed p150: remaining MediaCity 25% and related wholly owned entities acquired on 30 October 2024, including management rights and studio/hotel operations
Landsec acquired Peel's remaining 25% MediaCity interest and related studio/hotel operations on 30 October 2024. [2]
03 / The figures, with context
What does it report in UK tax?
UK cash corporation tax has not been verified for this profile. This does not mean no tax was paid.
United KingdomNot yet verified
UK corporation tax paid
Not yet verifiedCash payment
MediaCity · UK cash reporting scope not reconciled Annual reporting period not yet verified
This ownership investigation has not established a dated UK cash corporation-tax payment for this scope. Accounting charges, group relief, policy statements and investor holdings are separate evidence; a research gap does not mean no tax was paid. [1]
These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.
Land Securities Group PLC · Note 43, printed p150: remaining MediaCity 25% and related wholly owned entities acquired on 30 October 2024, including management rights and studio/hotel operations