Viñoly's Battersea Power Station redesignSource: Rafael Viñoly Architects
Contracts exchanged for London site
Battersea Power Station has been sold to a Malaysian consortium for £400 million.
The sale was confirmed today by advisers Knight Frank and Ernst & Young Real Estate Corporate Finance, who have exchanged contracts for the site.
A joint venture of SP Setia, Sime Darby and the Employees’ Pension Fund of Malaysia will no push ahead with developing the landmark according to Rafael Vinoly’s masterplan.
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