Sime Darby and Battersea Power Station launch new retail mall in London

KUALA LUMPUR (March 23): Battersea Power Station Development Co is today launching London’s newest retail and leisure destination — Battersea Power Station.

Battersea Power Station is owned by a consortium of Malaysian investors, comprising Sime Darby Property, S P Setia Bhd and the Employees’ Provident Fund.

In a statement today, Sime Darby Property said Battersea Power Station will be the third-largest retail destination in Central London upon completion, comparable in scope to Oxford Street and just as centrally located. 

“Millions of people will visit the Power Station once it reopens and is brought back to life in 2020. They will be able to take advantage of the wide range of shops planned, as well as a food hall that will provide a huge variety of places to eat, drink, engage and interact,” the statement said. 

“The response we have already had from businesses has been incredible and as we are handpicking every single retailer, this is going to be a fantastic place for both retailers and consumers. 

"We are scouring the globe, not only for the best retailers but also looking at how we can provide a platform for the wider evolution of retail,” said Sam Cotton, Retail Leasing Director at Battersea Power Station Development Company.

Sime Darby Property added that the two turbine halls will house brands from around the world in just over a hundred units.

“Turbine Hall A, which was built in the 1930s and evokes the lavish Art Deco glamour of its era, will be home to the Premium Collection, brands that portray elegance, sophistication and timeless style, while Turbine Hall B, completed in the 1950s, has a sparer aesthetic and will bring together contemporary brands providing an eclectic mix of younger, faster and more diverse names,” the statement added. 

Simon Murphy, Deputy CEO and CFO of Battersea Power Station Development Company, said: “The retail offering here will form a key part of a new London destination we are creating at Battersea Power Station. Locals and those from across Britain and the world will be coming here for all sorts of reasons, including being able to go into one of the world’s most recognisable buildings. 

“On behalf of our Malaysian shareholders, we are looking forward to fully opening this iconic building to the public for the first time, so that it can be enjoyed for generations to come.” — theedgemarkets.com

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