Lon.&Assoc.Props PLC Further re Agreement to sell Brixton Markets for GBP37.25M
March 23 2018 - 11:14AM
UK Regulatory
TIDMLAS
FOR IMMEDIATE RELEASE
23 March 2018
LONDON & ASSOCIATED PROPERTIES PLC ("LAP"):
FURTHER ANNOUNCEMENT RE AGREEMENT TO SELL BRIXTON MARKETS FOR GBP37.25M
Further to the announcement made on 22 February 2018 regarding the agreement to
sell Brixton Markets ("the Markets") for GBP37.25m, 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
END
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March 23, 2018 12:14 ET (16:14 GMT)
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