UK and Asia-Pacific link up
- A£1bn deal secured to transform London?s historical waterfront providing a gateway for Asia.
(PresseBox) - Owned by the Greater London Authority and situated in the heart of Royal Docks Enterprise Zone, the 35-acre site at Royal Albert Dock east of the City of London is set to be transformed.
A Chinese developer, ABP China has been tasked with the development and it is hoped that this will become the city?s next business district and will provide new trade links in particular with China and other economies in the Asia-Pacific region.
Initial projections forecast the site to be worth £6bn to the UK economy creating 20,000 new jobs and boosting local employment by 30%.
The deal represents one of the first direct investment by a Chinese developer in London?s property market and will eventually be home to over 3.2m square feet of high quality work, retail and leisure space, including 2.5m square feet of prime office space, creating a new, vibrant 24/7 district on London?s waterways. The first tranche of occupiers is expected in 2017 with interest already from Chinese companies.
This will be the largest development of its kind in the UK, the state-of-the-art business district will act as a platform for financial, high-tech and knowledge driven industries and will be located within the Enterprise Zone thus providing significant tax incentives of locating within the region.
As well as being good news for the UK, this is also good news for Ecovis as it should result in more cross-border business between the UK and the Far East, with a consequential increase in business opportunities for Ecovis offices operating in this region.
About Ecovis
Ecovis is a leading global consulting firm with its origins in Continental Europe. It has over 4,000 people operating in 50 countries. Its consulting focus and core competencies lie in the areas of tax consultation, accounting, auditing and legal advice.
The particular strength of Ecovis is the combination of personal advice at a local level with the general expertise of an international and interdisciplinary network of professionals. Every Ecovis office can rely on qualified specialists in the back offices as well as on the specific industrial or national know-how of all the Ecovis experts worldwide. This diversified expertise provides clients with effective support, especially in the fields of international transactions and investments - from preparation in the client's home country to support in the target country.
In its consulting work Ecovis concentrates mainly on mid-sized firms. Both nationally and internationally, its one-stop-shop concept ensures all-round support in legal, fiscal, managerial and administrative issues.
The name Ecovis, a combination of the terms economy and vision, expresses both its international character and its focus on the future and growth.
www.ecovis.com
About Ecovis
Ecovis is a leading global consulting firm with its origins in Continental Europe. It has over 4,000 people operating in 50 countries. Its consulting focus and core competencies lie in the areas of tax consultation, accounting, auditing and legal advice.
The particular strength of Ecovis is the combination of personal advice at a local level with the general expertise of an international and interdisciplinary network of professionals. Every Ecovis office can rely on qualified specialists in the back offices as well as on the specific industrial or national know-how of all the Ecovis experts worldwide. This diversified expertise provides clients with effective support, especially in the fields of international transactions and investments - from preparation in the client's home country to support in the target country.
In its consulting work Ecovis concentrates mainly on mid-sized firms. Both nationally and internationally, its one-stop-shop concept ensures all-round support in legal, fiscal, managerial and administrative issues.
The name Ecovis, a combination of the terms economy and vision, expresses both its international character and its focus on the future and growth.
www.ecovis.com
Datum: 22.07.2013 - 15:26 Uhr
Sprache: Deutsch
News-ID 280454
Anzahl Zeichen: 3046
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Town:
Munich
Kategorie:
Automotive
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Die Pressemitteilung mit dem Titel:
"UK and Asia-Pacific link up"
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