Battersea recoups land cost


KUALA LUMPUR: The developers of the Battersea Power Station project in London, Malaysia’s biggest property venture overeas, are confident of recovering the land cost following the launch of the next phase.

Battersea Project Holding Co Ltd (BPHC) chairman Tan Sri Liew Kee Sin said that the global launch of Battersea Power Station (BPS) phase 3 would enable the developer of the £8bil (RM42.2bil) project to recoup its land cost amounting to about £400mil (RM2.1bil).

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