A £1.7bn Docklands project backed by Boris Johnson during his time as London mayor has been put up for sale after the the developer behind the project fell into administration. Six buildings at the Royal Albert Dock development are being sold by Savills. The developer behind the proposals, ABP (London), collapsed earlier this year following an extended period of troubles that owner Xu Weiping blamed on the UK's decision to leave the European Union. The site, just east of Canary Wharf, will have “retail, leisure and residential accommodation, all conveniently located within five minutes of London City Airport and Crossrail", Savills said in the marketing document. |
The Sunday Telegraph (06/03/2022) |