Belfast Telegraph

No buyer for £500m power station site

There is no ready buyer for the giant Battersea Power Station site in central London, it has emerged, with Nama and fellow lender Lloyds only beginning their official search from this week.

They will hear presentations from estate agents as a whole new sales process gets under way. Property Week, the UK industry bible, this week estimated the guide price for the site will be about £500m (€595m).