Jul
17
Abu Dhabi to Help Build 1,000 Apartments in London
ByState-owned Abu Dhabi National Exhibitions Co. has formed a venture with U.K. developer Mount Anvil Group Ltd. to build apartment towers next to the ExCel London conference venue, according to two people with knowledge of the plan.
The companies could develop about 1,000 homes on land next to the exhibition center, the people said, asking not to be identified because the agreement isn’t yet public. The venture hasn’t yet applied for approval to build on the land, which is currently used for parked vehicles, the people said…