Battersea Power Station to be sold for £1.6bn

Malaysian investors buying iconic building in UK’s ‘biggest ever’ property deal

Battersea Power Station
The power station is set to become the most expensive British building ever sold
(Image credit: Getty images)

London’s landmark Battersea Power Station is to be sold to two Malaysian firms for £1.6bn in the UK’s largest ever property deal.

Malaysian sovereign wealth funds Permodalan Nasional Berhad (PMB) and Employees Provident Fund (EPF) intend to purchase the Grade II listed building to transform into apartments, retail and leisure units, and office space - including Apple’s future UK headquarters, says the Daily Mail.

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