Battersea project attracts global investors

London landmark coming up: Construction cranes stand above the Battersea Power Station office, retail and residential development in the Nine Elms district in London. — Bloomberg

THE 42-acre Malaysia-owned Battersea Power Station looks set to attract investors globally as the outlook for the London property market is expected to be bright over the longer term.

Development Co Ltd chief financial officer Benn Zemek said at a media conference in London last month that investors are still willing to make long-term decisions for this project given London’s strong foundation for centuries.