Further re Agreement to sell Brixton Markets for £37.25M

LONDON AND ASSOCIATED PROPERTIES PLC - Further re Agreement to sell Brixton Markets for £37.25M

PR Newswire

London, March 23

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