Deniz Kılınç / Istanbul, June 6 (HNA) – London’s iconic Camden Market has been put up for sale by its Israeli owner Teddy Sagi after eight years of ownership.
London’s popular touristic destination laying on a 16-acre land, which claims to attract 28 million visitors annually, will change hands according to BBC.
The owner Teddy Sagi is reportedly hopes to come to a deal of 1.5 billion pounds, according to a Financial Times report. The BBC reports that investment bank Rothschild & Co is overseeing the process.
Hosting more than 1,000 stalls, bars, shops, and cafes, the historic marketplace has been long associated with counter-cultural movements, from punks to hippies, priding itself on the breadth of independent retailers selling fresh produce and arts and crafts.
Camden Market previously was put on sale by Sagi in 2019 but was later taken off the market due to the pandemic.