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Making a success out of Battersea

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.

SP Setia, Sime Property explain Battersea project

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.

Battersea launches academy to match local people to jobs at its project

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.

EPF and PNB buy Battersea phase two for RM8.35bil

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.

SP Setia, Sime Property sell Battersea Phase 2 commercial to PNB-EPF for RM8.35b

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).

Battersea signs RM7.12bil syndicated loan

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.

Battersea – the pride of Britain and Malaysia

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.

Battersea project buyers assured

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.

Shares in two firms fall in Battersea shocker

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.

S P Setia, Sime Darby, EPF secure RM4b for Battersea project

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.