background preloader

Jubileebridging

Facebook Twitter

jubileebridging

A group of UK property and mortgage professionals who love sharing their expertise and insights via the social inter-webs:)

Boris Johnson rejects claims over billion-pound Chinese property deal. Boris Johnson, the London mayor, has rejected allegations of over-cosy relations between officials and a Chinese company chosen to run a multibillion-pound development project in London, also denying any knowledge of claims that the firm which won the contract was involved in forced evictions in Beijing.

Boris Johnson rejects claims over billion-pound Chinese property deal

An investigation by Channel 4 News found that Advanced Business Park (ABP), the Beijing-based company selected to develop a 14-hectare (35-acre) complex of offices and shops at the Royal Albert Dock near London City airport, had close links to London & Partners, the official business promotion company for the capital, which is part-funded by Johnson’s mayoral office.

London & Partners was part of the evaluation process for bids by companies seeking to develop the Royal Albert Dock site, which is intended as a commercial centre aimed at Asian businesses. She also formed a company called London China ABP, but dissolved it before it was due to file accounts.