October 13, 2014 | The Israeli billionaire Teddy Sagi has reportedly purchased another part of London’s Camden Markets for approx. £70-90 million ($112.6-144.7 million). With the acquisition Sagi will now own the two largest sections of Camden Market, also known as the Camden Lock Market. Sagi will purchase the market from the Fulford family’s Brockton Capital Fund, bringing the total amount of land he owns to 12.5 acres. The total value of Sagi’s projection after construction is set to reach £1.7 billion. London’s Camden Market is the original arts and crafts market in the City of Westminster since 1972, containing shops, market stalls and a variety of food and entertainment venues.
Subscribe to NoCamels weekly newsletter and get our top stories
Facebook comments