Malaysia High Comm Visits Battersea Power Station
Malaysia’s new High Commissioner to the UK, H.E. Datuk Mohamad Sadik Kethergany, visited Battersea Power Station in Central London to witness the significant progress that is being made on this iconic regeneration project.
Mohamad Sadik was greeted by Simon Murphy, Chief Executive Officer, M Shahrul Azri Mamat, Chief Strategic Relations Officer and Gordon Adams, Head of Planning and Public Affairs at Battersea Power Station Development Company (BPSDC).
“It was a real pleasure to visit Battersea Power Station and see the immense effort that is going into restoring such a global icon. It is evident that a truly-breathtaking place, which embraces heritage and community, is being formed and will certainly instill pride back home in Malaysia,” Mohamad Sadik said.
The Battersea Power Station development is owned by a consortium of Malaysian investors comprised of S P Setia, Sime Darby Property and Employees Provident Fund (EPF). The commercial assets within the Power Station building are now directly owned by Permodalan Nasional Berhad (PNB) and EPF following an acquisition completed earlier this year representing one of the largest real estate transactions in the UK.
As well as receiving an update on the wider development, Mohamad Sadik was given a tour of Circus West Village, the first phase of the Battersea Power Station project to open. It is home to a wide range of shops, restaurants, event space, over 1,000 residents and has seen over two million visitors in the past year.
“It is exemplary work by a consortium of Malaysian companies that combine resources to venture investments across the globe,” he added.
Meanwhile, Simon Murphy of the BPSDC said it was an honour to welcome the Malaysian High Commissioner to the Battersea Power Station project which, without the unwavering support of our Malaysian shareholders, would not be brought back to life.
“We are working hard to restore this iconic building and deliver a new part of London that Malaysia will be proud of for generations to come,” Murphy said.
He added that the Circus West Village already thriving, thus creating real momentum on the transformation of the Power Station and the Frank Gehry and Foster + Partners designed buildings positioned in the third phase.
Murphy said that this ensured that not only that the company are good developers, but also that they were “Good Citizens of London”.
“We look forward to welcoming H.E. Datuk back soon to this truly unique neighbourhood that Malaysia has invested in.”
Once completed, the restored Grade II* listed Power Station building will include over 250 apartments, over 500,000 sq ft of office space that will become Apple’s new London Campus, and business member’s club,
No18. There will also be over 100 shops, restaurants and cafes as well as new event space for London.
The Power Station will be open to the general public in 2021 and is at the heart of the wider 42-acre redevelopment site that is expected to insert over £20 billion into the UK economy.
Once complete, it will provide 20,000 new jobs and contribute to the creation of a new Zone 1 London Underground Station that will be serviced by the Northern Line Extension. There is also a successful wide-ranging community engagement strategy in place to ensure that locals and the wider London community benefit from this transformational project.
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