Battersea Power Station to be sold for £1.6bn

Malaysian sovereign wealth fund PNB to buy iconic building in one of UK’s largest ever property dealsBattersea Power Station is to be sold for £1.6bn in one of Britain’s largest ever property deals.Malaysian sovereign wealth fund Permodalan Nasional Berhad (PNB), alongside Employees Provident Fund of Malaysia, have announced their intention to purchase the Grade II listed building, Battersea Power Station Development Company said in a statement on Thursday.Continue reading...