who owns battersea power station
The short answer: Battersea Power Station is majority-owned by Malaysian state-backed investors, led by Permodalan Nasional Berhad (PNB) and the Employees Provident Fund (EPF), with the wider site controlled by a Malaysian consortium including Sime Darby Property and S P Setia.
Who owns Battersea Power Station? (Quick Scoop)
The core ownership today
- The main Battersea Power Station building (the big brick landmark with Apple’s UK HQ and the shopping mall inside) is owned by Malaysian state investor Permodalan Nasional Berhad (PNB) and Malaysia’s Employees Provident Fund (EPF).
- They hold these commercial parts (offices, shops, attractions) through a joint venture, with PNB at 65% and EPF at 35%.
- These commercial assets were acquired in a deal valued at about £1.583 billion in 2019.
In simple terms: the “working” part of the Power Station that you visit today – shops, Apple offices, and attractions – is owned by PNB and EPF via a joint venture structure.
Who owns the wider site?
The Power Station is the centre of a much bigger riverside redevelopment.
- The overall Battersea Power Station development site is owned by a consortium of Malaysian investors: PNB , Sime Darby Property , S P Setia , and EPF.
- Through their stakes in the development companies, PNB and EPF together control about 70% of the full development.
- Residential apartments in and around the Power Station remain with this original consortium and are not part of the commercial-assets sale.
So if you’re asking “who owns Battersea Power Station” in a legal/financial sense, the answer is: a Malaysian-backed consortium, with PNB and EPF as the key controlling investors , and Sime Darby Property and S P Setia involved via the holding company for the wider scheme.
Recent twist: up for sale?
In late 2025, there was a major development:
- The main Power Station building (Apple’s UK HQ plus the mall) was put up for sale , with BNP Paribas appointed to advise.
- Reports stressed that only the commercial elements were part of this potential sale – not the apartments or the rest of the site.
- As of those reports, PNB and EPF were still the owners, exploring a possible sale after receiving investor interest.
So right now, the story is: still Malaysian state-backed ownership, but the trophy asset has been on the market , which is why it’s been trending in the news and forums.
Quick FAQ-style breakdown
- Q: Who owns Battersea Power Station right now?
A: The commercial heart of the building is owned by a joint venture between PNB (65%) and EPF (35%) , both Malaysian state-linked investors.
- Q: Who owns the wider Battersea Power Station development?
A: A Malaysian consortium of PNB, Sime Darby Property, S P Setia, and EPF through Battersea Project Holding Company and related entities.
- Q: Has ownership changed since the 2010s?
A: Yes. In 2012 the site was bought by a Malaysian consortium; in 2019 the commercial elements inside the Power Station were carved out and sold to the PNB–EPF joint venture.
- Q: Is it still for sale?
A: In 2025 it was reported that the main Power Station building was being marketed for sale, but with no public confirmation yet of a completed deal.
Ownership snapshot (for clarity)
| Asset | Key Owners | Notes |
|---|---|---|
| Main Power Station commercial space (Apple HQ, mall, attractions) | PNB (65%) & EPF (35%) joint venture | [3]Acquired c.£1.583bn in 2019; later marketed for sale in 2025. | [7][3][5]
| Overall Battersea Power Station development site | Consortium of PNB, Sime Darby Property, S P Setia, EPF | [2][3]PNB & EPF together control about 70% via development holdings. | [3]
| Residential apartments on and around the site | Original Malaysian consortium (S P Setia, Sime Darby Property, EPF) | [5][7][3]Not part of the commercial-assets sale; remain with the consortium. | [7][3][5]
Bottom note: Information gathered from public forums or data available on the internet and portrayed here.
TL;DR: If you’re wondering “who owns Battersea Power Station?”, think Malaysian state-backed investors PNB and EPF at the centre, with Sime Darby Property and S P Setia around them on the wider site , and a possible big- ticket sale of the main building in play since 2025.