Key information
Decision type: Mayor
Reference code: MD1241
Date signed:
Decision by: Boris Johnson, Former Mayor of London (May 2008 - May 2016)
Executive summary
The purpose of this paper is to seek Mayoral approval to the disposal of the View Inward Investment Centre, located adjacent to the A12 in Bromley-by-Bow, LB Tower Hamlets for conversion to residential accommodation.
The GLA currently holds a 125 year lease (commenced 31 March 2009) over the 15th & 16th floors of a residential block from the freeholder East Thames Group (ETG).
It is proposed that GLA surrender its lease to ETG given the lack of demand for the marketing suite post-Olympics, in return for a capital land receipt.
Signed decision document
MD1241 The View disposal Part 1 (signed) PDF.pdf
Supporting documents
MD1241 The View disposal Part 1 PDF.pdf