Battersea Power Station's long and tortuous recent history of development ambition and development setback starts a new chapter with news that Irish owners Real Estate Opportunities is looking to raise cash for the development by floating the project on the Alternative Investment Market. They also want a new partner, to share the project 50-50. The firm has taken an inevitable kicking recently, with the disaster that is the Irish property market. But even before then, the Battersea Power Station has been one long tale of woe as expensive and ambitious plans have been shelved, and the iconic London landmark has been left to crumble. More here. Plus some recent history.

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