London's decaying Battersea Power Station, for which SP Setia had submitted a bid to redevelop the site, will go on sale next month, according to Reuters. Reuters reported that formal sales documents are due to go out via agent Knight Frank next month with a price tag of about GBP300m (RM1.4bn) to GBP400m. The price tag is considerably higher than the offer SP Setia made previously. In November 2011, SP Setia submitted an offer of GBP262m to Lloyds Banking Group and Ireland's National Asset Management agency to buy debts linked to the power station. However, the offer was rejected. (StarBiz)