Irish property developers Ballymore Properties and Treasury Holdings have started buying up properties around Battersea power station in London ahead of a new masterplan for the future development of the area.
Ken Livingstone, the mayor of London, is keen to intensify development in a 100-acre site around the power station linking with Nine Elms and Vauxhall.
He has described it as ‘‘an opportunity area’’, and wants to remove the industrial zoning that currently applies to...
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