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Middle Eastern investor snaps up six apartments at Battersea Power Station 21st January 2021


 A Middle Eastern investor has picked up a batch of six units at Battersea Power Station.The sextet of “fabulous” studios in Switch House West, part of the second phase of the giant south London regen project, were collectively listed for £5,428,000 and have just exchanged as a bulk deal.Knightsbridge agency Merchants Row introduced the buyer, who “continues to have faith in the London market despite the circumstances surrounding Covid-19”; completion is set for next year and the plan is to let the apartments out to the likes of Apple when they move into the same building.Waleed Mohammed, director of Merchants Row, told PrimeResi: “We have our investors best interest at heart and we focus on building long term relationships with Middle Eastern investors who need someone on the ground giving them intelligent advice in order to make smart moves no matter what condition the market is in.”Once phase two is complete, there will be over 100 shops, restaurants and cafes inside the site’s iconic Grade II* listed centrepiece, along with office space (500,000 square feet of which has been taken by Apple), a 2,000-person capacity events venue, and 253 new resi apartments.The £9bn scheme covers 42 acres and is due to deliver a total of 3.5m square feet of commercial space, together with 4,239 new homes.