• First venue secured by No18 in the UK
• Members club to create bespoke workspace offering called The Engine Room
• More than half of commercial space in the Power Station now taken
• Office space now fully pre-let; retail and leisure space is now actively pre-letting
• Battersea Power Station is set to become the centre of one of London’s most exciting tech and media districts

LONDON, 24 August 2018 – Battersea Power Station is pleased to announce that the remaining 40,000 square feet of office space within the Power Station itself has been leased to members club, No18, which will sit next door to Apple in the iconic building, when it opens in 2021.

No18 is a cosmopolitan members club for businesses with beautifully designed lounges, meeting rooms and high-end workspaces tailored to support all its members’ needs. It currently has two venues in Stockholm, Sweden. Since becoming part of IWG, a global operator of leading workspace companies that has a presence in over 110 countries, No18 has also secured a presence in the US and Switzerland during a gradual global rollout. As part of its expansion plans, the company has now secured its first presence in the UK.

No18 will create a bespoke offering for the Power Station called The Engine Room. Set over two floors overlooking the light-filled southern atrium, it will look down into the two turbine halls that will house over 100 shops and restaurants for occupiers to enjoy. No18 members will also be sharing the building with Apple, the anchor office tenant, and residents living in the Power Station’s new homes.

No18 provides a home for a rewarding business lifestyle. The company’s venues are akin to a blend of workspace and residence, with common areas featuring a unique eclectic aesthetic - serving as spectacular co-working spaces and casual meeting spots - and offices featuring the best conditions for work performance and potential for individual adjustments.

Of the one million square feet of commercial space available in the Power Station building, 52% has now been let as office space, with the retail and leisure space now actively pre-letting. Battersea Power Station is working closely with a wide collection of heritage and emerging retail brands from the UK and across the globe to complement its vision for the 1930s and 1950s turbine halls and looks forward to announcing some of the brands that will also be calling the Power Station home.

Andrew Hilston, Head of Leasing at Battersea Power Station Development Company (BPSDC), said, “On behalf of our Shareholders, we’re very excited to welcome No18 to the remaining space in the Power Station as their first UK venue and believe this bespoke concept will offer an extraordinary place to work and do business.”

“With Apple’s new London campus and now No18’s innovative, design-led offering moving here, Battersea Power Station is set to become the centre of one of the London’s most exciting tech and media districts. Having these two brands signed up forms a strong base for the rest of the 750,000 sq ft office space which will be delivered in our future phases.”

Michel Gordin, CEO and Founder of No18, said, “Battersea Power Station is a global icon. We believe it is the perfect fit for us – a place brimming with stories, where heritage meets novelty. We will be bringing The Engine Room, a concept that will complement the architecture of the Power Station building and provide a breathtaking environment – a true experience to visit – in which businesses and individuals can thrive in pursuit of the next big innovation.”

“We believe this location fits our ethos to create a sanctuary where productivity, inspiration, and style converge. We are excited to be a part of it and to open our doors.”

The Engine Room will be an exciting members club and workspace, benefiting from excellent facilities such as fantastic lounge spaces with a central bar and café; a variety of co-working spaces, modern offices and meeting rooms; an events venue; and various client services.

The Grade II* listed Power Station building, designed by WilkinsonEyre, is the second phase of the Battersea Power Station regeneration project, which will create one of the most exciting neighbourhoods in the world. It is located on the Thames riverside, minutes from Battersea Park to the west and the new US Embassy in the Nine Elms development area to the east. Battersea Power Station already has its own River Bus pier with frequent services to the West End, the City and further afield, and it will soon have its own Zone 1 Underground station. The first phase, Circus West Village, is already open with thousands of residents having moved in. The shops, bars and restaurants are open for business and there has been strong interest in the Power Station retail space.

At least another 750,000 square feet of offices will be available in future phases of the development.

The Malaysian shareholders of the Battersea Power Station project are committed to giving back to the communities in which they operate. They recognise the importance of creating shared value, and this is embedded in all their undertakings to ensure that they contribute to building a harmonious and considerate community.

Follow @BatterseaPwrStn to keep up with the latest news and events at Battersea Power Station and visit batterseapowerstation.co.uk to find out more.

Visit no18.com to find out more about the Swedish company’s unique, inspirational clubs and workspaces.

***ENDS***

About Sime Darby Property Berhad

Sime Darby Property is Malaysia’s largest property developer in terms of land bank with 20, 695 acres of remaining developable land as at 31 December 2017. On the back of a successful 45-year track record of developing sustainable communities, Sime Darby Property has to date built 23 active townships/developments with a global reach that encompasses assets and operations across the Asia Pacific region and the United Kingdom. In the UK, as part of a Malaysian consortium, Sime Darby Property is the developer of the iconic Battersea Power Station project in central London.

Sime Darby Property is a multiple award-winning property group with numerous local and international accolades. It is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. The company bagged its 8th consecutive Gold at the Putra Brand Awards 2017 and its 6th consecutive Top 10 Developers Awards at the BCI Asia 2015. Sime Darby Property has also been recognised as among the top developers in Malaysia in the annual The Edge Top Property Developers Awards, a recognition which the company consistently receives since 2009. For more information, log on to www.simedarbyproperty.com

About Battersea Power Station

Battersea Power Station is one of central London’s largest, most visionary and eagerly anticipated new town centres in which roughly half the development will consist of shops, restaurants and office space. In addition, there will be a six-acre public park, a town square and a new tube station (scheduled to be within Zone 1).

The Battersea Power Station project covers 42 acres and includes 3.5m sq ft of mixed commercial space, together with 4,364 new homes. The successful regeneration of Battersea Power Station will create 20,000 new jobs, inject £20bn into the UK economy and create a funding mechanism for the first major tube line extension since the Millennium.

Battersea Power Station is owned by a consortium of Malaysian investors comprised of Sime Darby Property, S P Setia and the Employees’ Provident Fund. Management of the development is being undertaken by the British-based Battersea Power Station Development Company.

MEDIA CONTACT:
Ahmad Shahriman Johari
Head, Corporate Communications
Sime Darby Property Berhad
E-mail: shahriman.johari@simedarby.com
Mobile: 019 – 333 8320

Press Office, Battersea Power Station Development Company
E-mail: shahriman.johari@simedarby.com
Mobile: 019 – 333 8320
E-mail: pressoffice@bpsdc.co.uk
Telephone: T: +44 (0) 20 7062 1870