First port of call: ABP’s Greg Lacey on bold plans for CRE

Associated British Ports is searching for a national agent to work alongside regional specialists so it can press the accelerator on commercial opportunities across its estate of 21 sites in the UK, according to its Humber head of property Greg Lacey.

ABP has launched a property growth strategy in which it aims to considerably increase revenues from commercial occupiers. Lacey believes ports provide a mixture of connectivity and competitive land prices allied with the incentives on offer through the freeports initiative that will make them a force to be reckoned with over the next decade.

He also believes ports can be a driving force in the race to net zero with a number of renewable technologies on site that can offer green and competitively-priced energy to ABP’s growing roster of commercial tenants.