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Deal Date: 18-02-2019 Practice Area: Real Estate
Deal Title: Malaysian Pension Funds Acquisition of Stake in Battersea Power Station Redevelopment Industry: Real Estate Investment & Services
Linklaters advised Permodalan Nasional Berhad, Malaysia's largest asset manager, and the Employees Provident Fund, a Malaysian state pension fund, on their GBP1.6bn stake in the GBP9bn redevelopment of London's Battersea power station. The two investors formed a joint venture to buy the commercial part of the power station building from Battersea Phase 2 Holding Company.
Financial Center: London Value: 0.00-0.00
Advised Party: Purchaser Law Firm
Real Estate Jurisdiction United Kingdom Purchaser Jurisdiction Malaysia
Classification: Real Estate Acquisitions and Disposals Development Site
Lawyer Patrick Plant