FOR IMMEDIATE RELEASE
23 March 2018
LONDON & ASSOCIATED PROPERTIES PLC (“LAP”):
FURTHER ANNOUNCEMENT RE AGREEMENT TO SELL BRIXTON MARKETS FOR £37.25M
Further to the announcement made on 22 February 2018 regarding the agreement
to sell Brixton Markets (“the Markets”) for £37.25m, LAP today announces
that the tenant of the Markets, Market Village Limited, has exercised its
pre-emption rights to acquire the Markets. The tenant will now be acquiring
the Markets on the same terms as previously agreed and announced.
Ends.
Contact:
John Heller, Chief Executive,
LAP.
Tel: 020 7415 5000
Baron Phillips, Baron Phillips Associates.
Tel: 07767 444193
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