SP Setia Eyeing Other London Sites in Case Battersea Bid Fails

SP Setia Bhd., Malaysia’s biggest publicly traded property developer by sales, will seek to buy other London development sites if its bid for Battersea Power Station fails, Chief Executive Officer Liew Kee Sin said.

SP Setia is one of three remaining bidders for the landmark power station, Europe’s largest brick building, Liew told reporters at the Invest Malaysia conference in Kuala Lumpur today. The defunct station, featured on the cover of the 1977 Pink Floyd album “Animals,” is about 2.2 miles (3.5 kilometers) from the Houses of Parliament and has been vacant for almost 30 years.