Israeli tycoon completes Camden Market set with Lock
An Israeli billionaire now owns all four Camden markets after buying Camden Lock Market for between £70 and £90million.
Teddy Sagi, a gambling and property tycoon who has served time in jail for insider trading and bribery, was revealed as the new owner of the world-renowned market on Friday, having earlier invested £400million in a separate deal in Camden.
Camden Lock Market adds over an acre to his portfolio and includes 250 stalls, 50 shops and 20 workshop and studios.
Mark Alper, director of Sagi’s holding company Camden Market Holdings Corp, said: “We are not just gaining an iconic market, but a world renowned brand and great traders, retailers and management team.”
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