Talk of the town: why prime property buyers are sticking to central London

23 November 2022

Financial Times

Battersea Power Station may have a £37mn penthouse, but the newly redeveloped former industrial building on the Thames does not feel like a super-prime London property hotspot. In front, dozens of empty picnic tables arranged across a wide promenade separate the building from the river. Inside, rows of retailers, including familiar brands such as Adidas and Swatch, give it the air of an everyday shopping centre, rather than a residential enclave for the very rich. In Starbucks, Andrew, a 35-year-old tech worker, is unimpressed: “The place feels like someone has plonked a huge Westfield [retail mall] down right next to the river.”

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