KUALA LUMPUR, Oct 14 (Bernama) -- Battersea Power Station Development Company has secured a £280 million (£1=RM5.41) refinancing facility to support the continued development of the remaining 6.47 hectares (16-acre) of the 17-ha (42-acre) riverside neighbourhood, providing a strong financial foundation for the project’s next phase of delivery.
Business : Battersea Power Station Secures £280 Mln Refinancing Loan
Battersea Power Station, refinancing, lender, mast
Key takeaways
Battersea Power Station secured a £280 million loan to support its development, with plans for new housing and commercial spaces.
- Battersea Power Station secured a £280 million loan from multiple banks for its development.
- A revised masterplan includes up to 3.2 million sq ft of residential and commercial space.
- Construction of 200 council housing units is set to start in early 2027.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Also reported by Free Malaysia Today
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