Battersea Power Station goes for £400m to property developers7th June 2012 | published by EW SHARE
Chelsea Football Club has lost its bid to redevelop Battersea Power Station into a 60,000 capacity stadium in favour of regeneration plans from Malaysian property developers. SP Setia and Sime Darby have inked an exclusivity agreement with Battersea’s joint administrators and receivers Alan Bloom and Alan Hudson of Ernst & Young to acquire the site for £400m, the companies s...
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