London's iconic Camden Market put up for sale

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The market's billionaire owner is reportedly hoping a deal will net him as much as £1.5bn.

The 16-acre patchwork of more than 1,000 stalls, bars, shops, and cafes, in north London is a popular tourist destination.

Now, it claims to attract 28 million visitors a year, and could be the subject of a potential bidding war as its Israeli owner, Teddy Sagi, looks to offload it after eight years of ownership. Drawn in by the youthful, anti-establishment atmosphere, waves of corporate giants from MTV to Santander have moved to the area in recent decades, changing the face of the neighbourhood.

 

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Camden is junkieville

It’s going to get even worst now, feel it for the local shops.

always about money such a shame

Nooo!!!!😭😭😭😭😭😭

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London’s Camden Market owner sets out stall for £1.3bn sale\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t Invest with e-growth company and earn profit in hours There is big money in selling cheap tat & overpriced junk food to gullible tourists, it would appear.
Source: FT - 🏆 113. / 51 Read more »

London’s Camden Market owner sets out stall for £1.3bn sale\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t Invest with e-growth company and earn profit in hours There is big money in selling cheap tat & overpriced junk food to gullible tourists, it would appear.
Source: FT - 🏆 113. / 51 Read more »