London Daily

Focus on the big picture.
Thursday, Jul 10, 2025

London's iconic Camden Market put up for sale

London's iconic Camden Market put up for sale

London's historic Camden Market has been put up for sale.

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

Investment bank Rothschild & Co is overseeing the sale process, the BBC understands.

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

But it has long been associated with counter-cultural movements, from punks to hippies, priding itself on the breadth of independent retailers selling fresh produce, trinkets, and arts and crafts.

The market sprung up out of a run-down timber yard in 1972, after it was purchased by two childhood friends.

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.

Made up of three separate zones - Camden Lock Market, Stables Market, and Buck Street Market - the estate also includes housing, co-working spaces, and a 35,000-sq-ft, three-floor leisure centre called Babylon Park.

A selection of bidders have been contacted in the past week, according to the Financial Times, which first reported on the deal, with Mr Sagi - who made his money by founding and selling an online gambling company - hoping to field offers as high as £1.5bn for the area.


Since 2014, when Mr Sagi first acquired property in Camden Market, many of the independent sellers have left the area, being replaced by more well-established brands.

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.

The site was originally put up for sale by Mr Sagi in 2019 but was later taken off the market as the pandemic hit.

The businessman's latest venture in Camden is the Hawley Wharf redevelopment, which opened in August 2021 and promised to hark back to the area's golden days.

The corporate website for Camden Market describes it as a "brand new new waterside destination of retail, leisure and food traders", which "reboots and restores Camden's chaotic charm".

Newsletter

Related Articles

0:00
0:00
Close
Severe Heatwave Claims 2,300 Lives Across Europe
NVIDIA Achieves Historic Milestone as First Company Valued at $4 Trillion
Declining Beer Consumption Signals Cultural Shift in Germany
Linda Yaccarino Steps Down as CEO of X After Two Years
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
Azerbaijan and Armenia are on the brink of a historic peace deal.
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
×