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WITH phase one an unprecedented success story, S P Setia is raring to go further with its prestigious London project, the Battersea Power Station redevelopment.
KUALA LUMPUR: The shareholders and management of Battersea Power Station (“BPS”) refer to the media article on 11 June 2018 relating to BPS and make the following statement.
PETALING JAYA: Battersea Power Station Development Co Ltd has launched the Battersea Academy of Skills Excellence (BASE) to help drive long-term access to the new job opportunities at the upcoming 42-acre mixed-use development in London, the United Kingdom.
PETALING JAYA: The phase two commercial assets of the Battersea Power Station has finally been sold to the Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB), in a deal worth £1.58bil (RM8.35bil). The transaction is expected to be completed in the first quarter of 2019, sellers SP Setia Bhd and Sime Darby Property Bhd said in a joint statement.
KUALA LUMPUR: SP Setia Bhd and Sime Darby Property Bhd are selling their stakes in Battersea Power Station building to PNB-Kwasa International 2 Ltd for £1.583bil (RM8.351b).
LONDON: Battersea Power Station yesterday signed a syndicated debt facility totalling £1.35bil (RM7.12bil) with a consortium of bankers that will fund the development of the second and third phase of the mammoth project.
THE last three years have been a roller coaster ride for all who have been involved in the rejuvenation of Battersea Power Station, one of London’s much loved and most iconic landmarks.
KUALA LUMPUR: Battersea Consortium chairman Tan Sri Liew Kee Sin said Phase 1 purchasers of the Battersea Power Station project are already seeing a premium of between 24% and 40% in their investments and assured them that the value of their properties would be secure despite Britain’s May elections and a general cooling of the wider Central London property market.
PETALING JAYA: Confidence in two listed property developers was shaken after a statement by PKR leader Datuk Seri Anwar Ibrahim to investigate the United Kingdom’s Battersea Power Station project took investors by surprise.
KUALA LUMPUR: The Malaysian consortium comprising of S P Setia Bhd, Sime Darby Property and the Employees Provident Fund has secured £790.2mil or RM4bil for the development and land refinancing loan for the Battersea Power Station in the UK.