Published On: Tue, Mar 3rd, 2015

Teddy Sagi Takes Camden Wharf

Teddy Sagi is close to having a "complete island in Camden Town"

Teddy Sagi

Israeli founder of Playtech, Teddy Sagi, keeps buying up space in Camden Wharf and the Interchange building in a deal worth 95 million pounds or $165 million, according to Ham&High.

The purchase was made by Market Tech, of which Sagi is the largest shareholder. The company bought up Stables Market, Buck Street Market Camden Lock Market and Hawley Wharf last year, and now owns “almost a complete island in Camden Town.” The Interchange building has spaces rented to the Associated Press and the Camden Wharf properties contain offices on upper floors and areas for retail and leisure on the ground floor.

CEO of Market Tech Charles Butler told Ham & High, “These are highly strategic property acquisitions that extend the footprint of our Camden Market estate and propel our vision to significantly enhance Camden’s built environment to create world-class living, working, retail and leisure destination under a single, unified ownership.”

Last year, Sagi purchased 50% of the Camden Stables Market from Israeli tycoon Bebo Kobo and 25% each from developer Chelsfield and restaurant tycoon Richard Caring, as reported by Globes. At the time, Sagi said Camden Stables Market has “huge tourism and business potential.”

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