ABP appoints joint agents for £1.2 billion East London development

Chinese developer ABP has appointed Cushman & Wakefield, Glenny and Savills as joint letting agents for the office part of its £1.7 billion development at Royal Albert Dock – an impressive, 35-acre site in East London.

The scheme will be comprised of a massive 4.7 million sq ft of mixed-use space, including 3.3 million sq ft of offices — which will be split into floorplates ranging from 1,300 sq ft to 333,000 sq ft in size — and 1.4 million sq ft of residential, retail and leisure units. The first commercial properties are set to open at the site in March 2019.

In a statement regarding the deal, John Miu — Vice President of 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. The team has a deep understanding of the commercial office market and we look forward to forging a strong partnership with Cushman & Wakefield, Glenny and Savills.”

Meanwhile, John Bell, managing partner at Glenny, commented: “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.”

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.