Developer denies an inside deal

Commercial developer Advanced Business Park denied allegations on Friday of overly cozy relations between it and the London mayor's overseas promotion agency over a property project.

It also disputed claims of impropriety and said the company went through a proper and transparent tender process to get the contract to develop a 14-hectare complex of offices and shops at Royal Albert Dock in London. In May, ABP signed the $1.51 billion deal with Boris Johnson, the mayor of London.

"ABP was chosen in May 2013 because they will deliver commercial buildings, retail, leisure, residential and public open spaces," Executive Director John Miu said at a news conference at Royal Albert Dock.