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Battersea Power Station Achieves £480 Million of Residential Sales in 2022
  • Nearly £500 million pounds of new residential sales were achieved at Battersea Power Station in 2022, alongside the completion and hand over of £1.1 billion of apartments

  • Sales were made within the Power Station as well as in new architectural masterpieces by Gehry Partners and Foster + Partners, including a new collection of 204 homes launched in October 2022, named Koa at Electric Boulevard

  • The sales were achieved in the same year the Power Station opened to the public following a transformational eight-year restoration

18 JANUARY 2023

Battersea Power Station completed residential apartments within the Power Station, Gehry Partner’s Prospect Place, the only residential building in the UK by world-leading architect, Frank Gehry. Photo by: Taran Wilkhu
Battersea Power Station completed residential apartments within the Power Station, Gehry Partner’s Prospect Place, the only residential building in the UK by world-leading architect, Frank Gehry. Photo by: Taran Wilkhu

Battersea Power Station announces today that it achieved £480 million of residential sales in 2022, and a further £1.1 billion worth of properties completed and were handed over as the community grew to over 2,500 residents.

2022 was a pivotal year for the project, with the public opening of the Grade II* listed Power Station and Electric Boulevard, a new pedestrianised high street, on Friday 14th October 2022, and more than 3 million visitors have been welcomed since.

Battersea Power Station also completed residential apartments within the Power Station, Gehry Partner’s Prospect Place, the only residential building in the UK by world-leading architect, Frank Gehry, and the completion of properties in Battersea Roof Gardens by internationally acclaimed architects, Foster + Partners.

Koa at Electric Boulevard also launched in October 2022, just after the public opening of the Power Station and comprises 204 studio, one and two-bedroom apartments towards the southern-end of Battersea Roof Gardens. Over 80 apartments were reserved within just eight weeks of launch, demonstrating the continued high demand to purchase an apartment at Battersea Power Station.

A first peek into Prospect Place. Snapping up an apartment designed by Gehry Partners is similar to buying a one-of-a-kind work of art. Photo by: Taran Wilkhu
A first peek into Prospect Place. Snapping up an apartment designed by Gehry Partners is similar to buying a one-of-a-kind work of art. Photo by: Taran Wilkhu

Simon Murphy, CEO at Battersea Power Station Development Company, said:
“We are proud to have achieved nearly half a billion pounds of new residential sales in 2022, and more than one billion pounds of completions, demonstrating the significant demand to live at the new riverside neighbourhood that has been created at Battersea Power Station. This builds on over £400m of sales in 2021, making our total residential sales for the past 24 months just shy of £1billion.

2022 was a year for the history books for the project with the opening of the iconic London landmark to the public for the first time in history, as well as the new high street, Electric Boulevard. Coupled with the opening of the Northern Line in September 2021, we have achieved two of the most important milestones for this new area, and as a result, we’re attracting an ever-increasing number of residents to join the vibrant community which has formed.”

Creating a ‘15 minute’ live, work, play neighbourhood, Battersea Power Station is home to a great mix of shops, restaurants, bars and leisure experiences within the Grade II* listed landmark, on Electric Boulevard, and in the first phase of the regeneration project, Circus West Village. The first tranche of British and international brands to open at this new retail and leisure destination for London include Nike, Adidas, Reformation, Hackett, Sweaty Betty, Mango, Uniqlo, M&S Foodhall, neighbourhood bookstore, The Battersea Bookshop from specialist bookseller Stanfords, ZARA and ZARA HOME.

Since its opening on 14 October 2022, the Battersea Power Station has attracted more than three million visitors.
Since its opening on 14 October 2022, the Battersea Power Station has attracted more than three million visitors.

Battersea Power Station is also home to The Cinema in the Power Station, screening all of the latest blockbusters, and Lift 109, a one-of-a-kind glass elevator experience which transports visitors 109m to the top of the building’s north west chimney offering spectacular 360° views of the London skyline and River Thames.

Further openings will take place throughout 2023 including a 24,000 sq ft Arcade Food Hall from JKS Restaurants which will offer a mixture of new and existing food concepts along with three standalone restaurants and cocktail bar. London fitness brand, Third Space will also open a 28,000 sq ft club at Battersea Power Station offering space for training, recovery, relaxation and nutrition.

Travelling to Battersea Power Station couldn’t be easier with the Zone 1 Battersea Power Station Underground station bringing the riverside neighbourhood within 15 minutes of the West End and the City. Battersea Power Station also has its very own Uber Boat by Thames Clippers pier and is 15-minute journey from Embankment, 20 minutes from Blackfriars, 30 minutes from Putney and 40 minutes from Canary Wharf. The riverside neighbourhood is easily accessible by bus, bike, car and train too.

For further information on Battersea Power Station, please visit www.batterseapowerstation.co.uk and follow @BatterseaPwrStn to keep up to date with the latest news and events.
For sales enquiries, call: +44 (0)20 4586 2742

-END OF PRESS RELEASE-

About Sime Darby Property Berhad

Sime Darby Property is a leading property developer with a strong success rate of developing sustainable communities for 50 years. With 25 active townships/developments, Sime Darby Property has a wide reach that encompasses assets and operations across the country. It marks its presence in the UK as part of a Malaysian consortium to develop the iconic Battersea Power Station Project in central London.

As a responsible corporate player, Sime Darby Property and its philanthropic arm, Yayasan Sime Darby (YSD) actively implement various initiatives to assist underprivileged communities living within and nearby its townships. A multi award-winning property group with numerous international and local accolades, Sime Darby Property is a constituent of the MSCI ACWI Small Cap Index with an MSCI ESG Rating of BBB and is rated by the Carbon Disclosure Project.

Sime Darby Property is honoured to be recognised with numerous real estate industry awards throughout the years. In 2021, the Group continues to be recognised as a top property developer in ‘The Edge Malaysia’s Top Property Developers Awards’, achieving the feat for the tenth year running. The Group was also named as ‘EdgeProp Malaysia’s Responsible Developer: Building Sustainable Development Award 2021’, as well as the winner in PwC’s ‘Building Trust Awards 2021’ under the FBM Mid 70 Index category.

For more information log on to www.simedarbyproperty.com
Media Contact:  Sharmila Nair | +6012-617 7860 | sharmila.nair@simedarbyproperty.com
For General Enquiries please e-mail: group.communications@simedarbyproperty.com

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