Back
News

Mayor forges ahead with plan to relocate GLA HQ to Docklands

London mayor Sadiq Khan has decided to proceed with plans to relocate the Greater London Authority to the Royal Docks.

Khan said the move would save the GLA, which is facing a £493m black hole over the next two years owing to the impact of Covid-19 and an expected lower tax income, around £61m over the next five years.

Its current landlord, Kuwaiti-owned St Martins, had given the GLA a reduced rental offer to enable it to stay in City Hall at More London, Southwark, SE1, but Khan decided it was not enough to trump the savings presented by the move to The Crystal (pictured), which the GLA owns.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…