16 Sep ABP established global headquarters in London
ABP announced it will establish its global headquarters in London. The headquarters will have the capacity to manage and operate more than £20bn worth of projects and assets around the world. ABP Chairman Xu Weiping made the announcement at a London-Asia business forum at City Hall attended by the Mayor of London and a range of businesses from Asia including a 50 strong business delegation from China. The Mayor of London welcomed the move, which follows a £1bn deal between ABP and City Hall to transform east London’s Royal Albert Dock site into the capital’s next business district creating 20,000 new jobs for the area.