ABP appoints agents on £1.7bn Royal Albert Dock scheme
ABP has appointed Cushman & Wakefield, Glenny and Savills to market its £1.7bn Royal Albert Dock development in East London.
The development comprises 4.7m sq ft of mixed-use space, with 3.3m sq ft of offices and 1.4m sq ft of residential, retail and leisure.
Phase one of the development will create a total of 460,000 sq ft of offices and 30,000 sq ft of retail space across 21 buildings.
ABP has appointed Cushman & Wakefield, Glenny and Savills to market its £1.7bn Royal Albert Dock development in East London.
The development comprises 4.7m sq ft of mixed-use space, with 3.3m sq ft of offices and 1.4m sq ft of residential, retail and leisure.
Phase one of the development will create a total of 460,000 sq ft of offices and 30,000 sq ft of retail space across 21 buildings.
Construction on the 40-acre site began in 2017, with the first commercial properties set to open in March 2019. Tenants will include Chinese conglomerate CITIC and ABP themselves.
John Miu, vice president at ABP London, said: “We have appointed these three specialist agents to market our diverse offering in what is set to be London’s newest and most exciting destination.”
Richard Howard, head of London leasing at Cushman & Wakefield said: “Royal Albert Docks has all the necessary fundamentals for a fantastic new development; international and local transport hubs and connections on its doorstep; a pleasant waterside setting; a highly flexible commercial approach to leasing and sales; and now, a highly driven and experienced team to deliver the vision.”
John Bell managing partner at Glenny said: “The ABP Royal Albert Dock is set to become the heart of a brand-new business district for London. The commercial element is set to transform London’s office offering, providing a real opportunity for occupiers to acquire quality Grade A space in this area of the capital.”
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