Sime Darby Property’s Battersea JV may drag future net earnings, say analysts
"Going forward, Sime Darby Property looks to add more industrial products into its mix, which are made up mostly of residential projects, landed or high-rise.
"Going forward, Sime Darby Property looks to add more industrial products into its mix, which are made up mostly of residential projects, landed or high-rise.
The Property Awards singled out Battersea Power Station for its grand public opening in October 2022, delivering 254 apartments, 565,000 sq ft of office space and over 100 shops, restaurants, bars and unique leisure experiences, positioned inside the landmark.
Since its opening in October last year, the Battersea Power Station has welcomed more than five million visitors.
“To have welcomed more than five million people down since the landmark opened has been a huge achievement and we look forward to welcoming more visitors throughout 2023 to discover the new stores opening, a greater food and drink offering, as well as lots of unique and family friendly events.
An exciting line-up of family-friendly activities await at Battersea Power Station thisSpring fromApril 1 to 16, including a free giant flower trail, Mobile Farm, face painting, a Wriggle and Squiggle floor playground, a special visit from Colin The Caterpillar™, and outdoor games.
The property developer declared a final dividend of 1.
"Initiatives such as the Capture 8 photo contest serve as an important approach in ensuring that we effectively engage with the people and communities.
BPS said the sales were achieved in the same year the power station opened to the public following a transformational eight-year restoration.
Scaling one of the station’s iconic chimneys up to 109m, riders of Lift 109 will be treated “to a one-of-a-kind glass elevator ascent”, “where they will take in a spectacular 360-degree view of the city’s skyline”.
Visitors enjoyed the first of the “unique shops, bars, restaurants and leisure venues”.