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.
Contact: John Heller, Chief Executive, LAP. Tel: 020 7415 5000
Baron Phillips, Baron Phillips Associates. Tel: 07767 444193