From Crystal Stalls And Bob Marley T-Shirts To A £1.25B Sale: Camden Market Has Come A Long Way

If you visited London as a teenager or in your early 20s in the past 35 years, the chances are you visited the area known as Camden Market: It is the fourth-most-visited tourist attraction in London, with visitors drawn to the collection of stalls selling everything from street food to antiques and bric-a-brac, to healing crystals and T-shirts with Bob Marley smoking a joint on them.

Still, in spite of this popularity, it prompted a double take when React News reported that owner Teddy Sagi had appointed Rothschild to advise on the potential sale of his Camden Market holdings for as much as £1.25B.

Behind the potential sale of the scheme is an incredible real estate tale, involving an area growing from humble beginnings to become one of the most potentially valuable sites in London, via multiple owners. It is a tale that takes in the evolution of London as a city, and encapsulates the past 20 years of the UK capital’s real estate highs and lows.

The area referred to as Camden Market is actually made up of six separate markets, and over the past five years Israeli billionaire Sagi’s LabTech company has bought four of them, as well as surrounding sites and assets. The original market was set up in 1974 by childhood friends and…

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