Battersea Power Station sale: Malaysian company beats Chelsea bid

[CroydonCaptainJack]

Battersea Power Station in London has been sold to a Malaysian company, beating a rival bid from Chelsea Football Club.

SP Setia and Sime Darby have bought the 39-acre (15 hectare) site on the south bank of the River Thames for £400m.

In a statement, joint administrators from Ernst and Young said it had entered into an exclusivity agreement with the company.

http://www.bbc.co.uk/news/uk-england-london-18352786

[Ginger Ninja]

does this mean they'll be looking at white city again?

[Qprnw10]

No.looks like there moving north,to the old oak site around harlesden/park royal way!

[DeepcutHoop]

No.looks like there moving north,to the old oak site around harlesden/park royal way!

Right in our back yard.

Lovely.

[dave58]

heard something a couple of weeks back that their bid was due to fail. something to do with American Embassy. with the extra people around there would be a problem with security in the area.