Asian Property Developers Go Abroad
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.