Estama wins contract to manage high profile portfolio of commercial assets on Queen Elizabeth Olympic Park

Estama wins contract to manage high profile portfolio of commercial assets on Queen Elizabeth Olympic Park

08/09/24
2 Minute read

Leading property and asset management company Estama has been appointed by the London Legacy Development Corporation (LLDC) to manage an extensive portfolio of commercial assets across the iconic Queen Elizabeth Olympic Park in Stratford.

This dynamic portfolio, encompassing a total 1.3 million sq ft, includes a diverse mix of industrial, retail, and leisure properties, reflecting the vibrant character and ongoing regeneration of the area.

Among the standout assets now under Estama’ s management is the renowned ABBA Arena, home to ABBA Voyage, a key anchor tenant that attracts visitors from around the world and contributes to the park’s global reputation as a premier entertainment destination.

Other notable tenants include industry giant Amazon and the innovative Make It Group, underscoring the portfolio’s appeal to a broad range of businesses.

“We are thrilled to have been appointed by the London Legacy Development Corporation to manage this commercial portfolio,” said George Grimes, Director & Head of Property Management at Estama.

“It is a really interesting mix of assets spanning the full range of industrial, leisure, and retail, all with an exciting future as part of the continued wider regeneration of Queen Elizabeth Olympic Park.”

The appointment highlights Estama’s sector-leading expertise in managing complex and diverse property portfolios.

Victoria Knight, Head of Asset and Estate Management for the London Legacy Development Corporation said:

“We are excited to have Estama on board to manage the fantastic range of interim uses sites with industrial, leisure and retail offers, that we have on and around Queen Elizabeth Olympic Park.

“We want to build on the commercial offer that the Park has on offer and maximise the potential that these sites have to offer,” she added.

Their proactive approach to property management and enhancing tenant satisfaction while maximising asset value, will contribute to the broader regeneration goals of Queen Elizabeth Olympic Park, a lasting legacy of the 2012 Games.

Estama’s management strategy will focus on maintaining high standards of service, fostering strong tenant relationships, and supporting the LLDC’s vision for the Park’s future.

This appointment represents a significant milestone in Estama’s expanding portfolio and reinforces its position as a leader in property and asset management.

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