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Asian Property Developers Go Abroad

Author: Bill Barnett. Category: Real Estate. Posted: 29th Aug 2013

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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