World’s most valuable brand chooses Battersea Power Station to lease office space in London
Battersea Power Station announced that it has signed rental agreement with Apple. Apple will be the largest office tenant at Battersea Power Station occupying approximately 500,000 sqft., across 6 floors of the central Boiler House inside the historic icon. Apple is expected to move into the Power Station in 2021.
It is understood that the transaction represents the largest office letting in London’s wider West End in the last twenty years.
Battersea Power Station will be Apple’s new London campus and its office will account for circa 40% of the total office space in the whole development.
Apple has said it is looking forward to opening its new London campus at Battersea Power Station in 2021. 1400 Apple employees from existing offices around London will relocate to this magnificent new development at one of London’s best known landmarks. Apple has added, that this is a great opportunity to have its entire team working and collaborating in one location while supporting the renovation of a neighbourhood rich with history.
Dato’ Johan Ariffin, Chairman of Battersea Holding Company Limited, said:
“”We are delighted to welcome Apple, the world’s most valuable brand, to Battersea Power Station, London’s most iconic development. This move by a brand of such calibre will serve to generate even more interest in Battersea with its vibrant mix of commercial, exciting retail and residential offerings in a cultural setting designed to drive innovation and enterprise. Apple can only strengthen this formula for success.”
Rob Tincknell, CEO of Battersea Power Station Development Company:
“We are delighted that Apple has chosen to make Battersea Power Station its home in 2021. It is testament to our fantastic building and the wider regeneration of the 42-acre site which offers a carefully curated mix of homes, businesses and leisure amidst extraordinary open spaces and new transport links. It has always been our clear objective to create one of London’s most thriving new communities and this commitment from Apple will undoubtedly help us achieve our goal.”
Sadiq Khan, Mayor of London:
“I am delighted that Apple is moving into Battersea Power Station, helping to generate new jobs and economic prosperity for Londoners. It is a further sign that London is open to the biggest brands in the world and the leading city for trade and investment.”
Cllr Ravi Govindia, Leader of the London Borough of Wandsworth:
“I’m very pleased to give Apple a warm welcome to the London Borough of Wandsworth. Apple will become the largest employer in the Borough and we are hugely excited that they will play a keen and active role in our local community.”
Battersea Power Station is owned by Malaysian shareholders Sime Darby, SP Setia and The Employees Provident Fund (EPF) whose commitment has undoubtedly unlocked the site’s potential. The development is managed by British based Battersea Power Station Development Company.
Source: Battersea Power Station