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Annual Report 2014 | S P SETIA BERHAD GROUP | 75

corporate calendar


October 2014


October 2014

Battersea Power Station Project

Secures one of UK’s Biggest Real

Estate Financing

Battersea Power Station successfully

closed a syndicated debt facility totalling

£1.35 billion. The financing, which is

one of the largest real estate financing

transactions in recent years, comprises:

• a £750m facility to fund the

development of the Power Station

building; and

• a £600m facility to fund the

development of London’s newest high

street, Electric Boulevard, comprising

buildings designed by Gehry Partners

and Foster + Partners.

Battersea Power Station Phase 3

Global Launch

Datuk Rahman Dahlan, Minister of Urban

Wellbeing, Housing and Local Government

officiated the launch of the global tour at

Battersea Power Station in London, United

Kingdom. The global launch of Battersea

Power Station Phase 3, designed by famed

architects Gehry Partners (Prospect Place)

and Foster + Partners (Battersea Roof

Gardens), kicked off with a simultaneous

live screening of the London official launch

in Kuala Lumpur, Singapore and Hong

Kong. Phase 3a, comprising 539 apartment

units, were simultaneously launched in

Paris, NewYork, Shanghai, Singapore, Hong

Kong and Kuala Lumpur followed by sales

in Dubai, Tokyo, Los Angeles, Beijing, Doha

and Milan.

III. business Review