The BBC’s ‘Porth Teigr’ development – home to the yet to be finished Roach Lock Studios; the centre for creative development in Wales and Doctor Who’s future home – has a new landlord reports Financial News.

The British Steel Pension Scheme have acquired the development from Aviva Investors for an undisclosed amount- adding to the £500 million already accumulated as part of its growing property portfolio.

The BBC which plans to film both Doctor Who, long running wound-a-thon Casualty and the equally long running BBC Cymru soap Pobol y Cwm at the site, have promised to remain ‘long term tennants’.

The acquisition of the site is an emotional boon for the BSPS, one of the bigger “final pension” funds that still has deep roots in the Port Talbot area, once home to the biggest steel works in the UK and the employer of many of the fund’s members.