The London property market that's been a favorite global hotspot for years, is fast losing its sheen as British pound becomes stronger, while emerging economies currencies are turning out to be weaker.
Battersea Power Station
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A floating pool made of glass is planned to be constructed between apartment blocks in Nine Elms quarter, London. The area is nearby Battersea Power Station. The pool will be suspended ten storeys above London.
The Malaysian consortium made up of Sime Darby Property, SP Setia Bhd and the Employees Provident Fund, have secured GBP790 million in syndicated funding to acquire the Battersea Power Station in the United Kingdom.