Camden Market has been put up for sale, with Israeli billionaire Teddy Sagi hoping to attract bids in the region of £1.5bn for the warren of stalls, bars, venues and housing that make up the historic countercultural venue.
Sagi is hoping to bank about £1.5bn for one of London’s busiest tourist destinations, although he has not put down a firm price, according to these people.
The estate, which is held by one of Sagi’s portfolio companies LabTech, was previously put up for sale in the summer of 2019. That process almost resulted in a sale and bidding went up to about £1bn, but was derailed by the coronavirus pandemic, according to one person involved in the transaction.
Read more: FT
