Back
News

Malaysia to investigate Battersea Power Station property deal

The purchase of Battersea Power Station, the biggest property deal in the UK, is under threat after the leader of Malaysia’s governing coalition said it would be investigated as part of “dubious” investments made by the previous administration.

On a visit to London to meet British ministers, Anwar Ibrahim, who leads the recently elected Pakatan Harapan, said a series of deals paid for by Malaysian sovereign funds and pension funds had to be looked at again and renegotiated if there were any wrongdoing.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…