Asian Property Developers Go Abroad

Category: Real estate, Posted:29 Aug 2013 | 06:00 am

The shifting sands of global economics are seeing more Asian real estate developers look further into international expansion.
Thailand's neighbor Malaysia is a good example with leading property firm SP Setia's high profile redevelopment of the mega Battersea Power Station in London.
A consortium includes other Malaysian investors Sime Darby and the Employees Provident Fund.
It's estimated the total project development will be over 8 billion pounds.
Battersea will see a new canvas created with housing, commercial, retail and parks created.

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