Friday, September 22, 2023

What next for Battersea Power Station?

Section:

The sale of Battersea Power Station to SP Setia and Sime Darby

 

Battersea Power Station has for so long has been the saddest landmark in London. Since it was decommissioned as a power station in 1983, this Grade II* listed building designed by Sir Giles Gilbert Scott has rotted and various regeneration proposals have floundered.

 

Battersea Power Station

Described by selling agents Knight Frank as: “The last large development site in prime central London,” it was announced on the 6th June that the joint receivers had entered into an exclusivity agreement with Malaysian property developers SP Setia and their partner Sime Darby.

 

In the course of marketing, the selling agents showed the site to almost a 100-interested parties in just two months. Of this, Stephan Miles-Brown, head of residential development at Knight Frank, commented:

 

”We were always quite positive but now we are more positive than when we started the process. What has surprised us has been the numbers, there have been an enormous number of individual visits.”

 

A proposed design for the redevelopment of the Battersea Power Station site

Amongst the other bidders were Chelsea Football Club but sadly their proposal to develop a 60,000-seater stadium on the 39-acre site was rejected along with 13 others. SP Setia and Sime Darby have agreed to pay £400 million for the site and will have to build a new underground station as part of their scheme.

 

Worryingly, on 11th June 2012, however, Liew Kee Sin, chief executive of SP Setia, stated:

 

“We don’t know what will happen over the next 28 days.”

 

Though Knight Frank are incredibly positive about their negotiations, one must ask: “Will progress really occur with this scheme or will this just be yet another white elephant?”

 

For further information about the sale, contact Stephan Miles-Brown of Knight Frank on: +44 (0) 20 7861 5403. Information can be viewed at: http://search.knightfrank.com/gb0412

 

For further information about SP Setia, go to: http://www.spsetia.com.my

 

For further information on Sime Darby, go to: http://www.simedarby.com

The Steeple Times
The Steeple Times
We research and background check our articles. If you believe we have made and error in some detail please get in touch, we seek always to write the truth and stand against a press owned by a self selected few. Please help us, we will accept all your likes, subscriptions and anonymous suport. The Editor and his team at the Steeple Times.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

£1 per week Supports The Steeple Times

Help journalism to remain honest & independent. You can make a difference to the world today.

3,573FansLike
2,068FollowersFollow
16,694FollowersFollow
4,962SubscribersSubscribe

Subscribe For DAILY NEWS

Please subscribe, like and share this unique site, it helps us tremendously. The Steeple Times in return will send you an email at noon each and everyday, that we sincerely hope you will enjoy & look forward to seeing in your inbox.

AD
Advertisement

Trending Now

‘Comeback King’ Kevin Spacey – Actor Seeks To “Leave The Nonsense Behind”

As Kevin Spacey’s eccentric ‘friend’ Geoffrey Mark claims the “exonerated” actor will now “leave the nonsense behind” and begin his comeback, we remind of his friendships with ‘curious sorts’ including Prince Andrew, Jeffrey Epstein, Ghislaine Maxwell and Harvey Weinstein.

Summer Silly Season Stories 2023 – ‘The Steeple Times’ Is Back

Matthew Steeples highlights the stories he’s been following during the ‘silly season’ summer of 2023 – amongst them matters Ghislaine Maxwell and Rudy Giuliani and podcasts about ‘true crime’ as a genre.

Most Popular Articles

The Phil & Matt Show

Phillip Schofield filmed smoking shisha with his alleged ex-lover Matt McGreevy (and pictured in bed thereafter); another image shows the pair together in photograph...

SchofieldLite

‘Politicalite’ suggest Phillip Schofield orchestrated his ‘mass coming out’ after a former ‘This Morning’ runner had gone to the press about a supposed relationship...

Was Mucky Minx Meghan Markle A ‘Yacht Girl’ For ‘Randy Andy’?

As author Kirby Sommers suggests that the then Meghan Markle likely spent time with Prince Andrew and Jeffrey Epstein before she met Prince Harry, we again highlight the mucky, murkiness and mendacious manner of this alleged “yacht girl.”

Meddling Meghan Markle Expose – Attwood, Hopkins & Steeples

Expose interview with Matthew Steeples by Shaun Attwood and Jennifer Hopkins about the former Meghan Markle watched over 73,000 times in 16 hours since it aired; Steeples condemns hapless Prince Harry and his meddling menace wife.

Justice for James Scurlock

Power of social media proven after senseless killing of James Scurlock in Omaha, Nebraska allegedly by a controversial bar owner named Jake Gardner who has been photographed with Donald Trump.

Ampika Pickston

Oldham born divorcee and former glamour model Ampika Pickston describes herself as “feisty, fun loving and warm hearted”. Now based in Hale Barns, Cheshire...

Most Liked...

Messing About in Boats

Thameside cottage where ‘Lewis’ was filmed for sale; it is just the perfect place for ‘messing about in boats’ Two episodes of the Inspector...

No. 1, The Thames – Kent Gun Tower For Sale For...

No. 1, The Thames – Kent Gun Tower For Sale For Sum 92% Lower Than In 2020
Derelict gun tower on the Kent coast for sale for just £150,000 after it failed to sell previously for £1.9 million.

Nasty NestSeekers

Nasty NestSeekers – Realtor turned alleged squatter Jonathan Davis – Entitled Hamptons brat Jonathan Davis exposed for allegedly squatting in a house in Sag Harbor owned by Paula Rosado during the coronavirus lockdown; it turns out he’s a realtor with NestSeekers.
Entitled Hamptons brat Jonathan Davis exposed for allegedly squatting in Sag Harbor during the coronavirus lockdown; it turns out he’s a realtor with NestSeekers.

Branding Henley’s Wallaby Killer

Russell Brand Bear dog wallaby killer
Russell Brand should be condemned not congratulated after his rabid dog killed a wallaby in the scene of weird animalistic happenings, Henley-on-Thames.

Iqbal Latif: “What’s on your mantelpiece?”

20 questions with businessman Iqbal Latif   The Steeple Times shares “wit and wisdom”. What’s your guiding force? Unlearning the old and relearning the new.   “Don't get even,...