London’s Battersea Power Station, one of the city’s most iconic regeneration projects and a symbol of luxury riverside living, could soon be up for sale. Reports suggest that its Malaysian owners are considering offers of around £2 billion, in what could become one of the largest real estate transactions in the UK in recent years.
Originally constructed in the 1930s, the Grade II* listed Battersea Power Station was once the industrial heart of London, providing electricity to much of the capital. After standing unused for decades, it has since been transformed into a vibrant mixed-use riverside neighbourhood featuring high-end homes, offices, retail and leisure destinations.
Today, the landmark is home to Apple’s London headquarters, along with luxury boutiques, restaurants and riverside parks. Its revival represents one of the most significant examples of urban regeneration in modern London.
According to The Times and The Star, the Malaysian consortium behind the project, led by Sime Darby Property, SP Setia and the Employees Provident Fund of Malaysia (EPF), is seeking professional advice on a possible sale of the development.
While no formal process has yet begun, advisers are understood to be assessing market interest in prime London real estate. Despite wider economic uncertainty, landmark assets such as Battersea Power Station continue to attract strong global demand because of their scale, rental performance and architectural importance.
Since reopening in 2022, Battersea Power Station has become one of London’s leading lifestyle destinations, attracting millions of visitors each year. The wider Nine Elms and Battersea regeneration area has reshaped the south bank of the Thames, supported by the Northern Line extension and a wave of new residential and commercial developments.
The transformation of the Power Station, which took more than a decade and around £9 billion of investment, has turned a disused industrial site into a thriving riverside community that combines heritage architecture with contemporary design.
The potential sale highlights the continued strength of London’s luxury property market, particularly for overseas investors seeking long-term stability and prestige assets.
For buyers and investors, Battersea Power Station and its surrounding developments represent the pinnacle of modern London living, combining architectural heritage, world-class amenities and strong capital growth potential.
At Crown Home Buying & Letting (CHBL), we continue to see strong demand from international and UK clients for properties within London’s most desirable developments. Battersea Power Station stands out as a key example of how visionary regeneration can redefine an entire district while offering exceptional opportunities for both residents and investors.
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