Battersea project a boon for London regeneration

Teow outlining the progress of the London project.

THE three parties involved in the development of the 39-acre Battersea Power Station project in London can expect to recover their land cost post-phase 3 which is expected to be launched at the end of this year, Battersea Power Station Development Company Ltd says.

The consortium comprising S P Setia Bhd, Sime Darby Bhd and the Employees Provident Fund purchased the site in 2012 for £400mil.