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Evening Standard
Evening Standard
Business

Teddy Sagi’s firm starts cafes and shops hunt for Camden’s Hawley Wharf

Press image. LabTech's vision for Hawley Wharf in Camden

Tech tycoon Teddy Sagi’s property investment firm on Friday started the hunt for restaurateurs and retailers to open at a huge new development in Camden Town.

LabTech, which owns the Camden markets, want to find tenants ahead of construction of the 580,000 square feet canal-side Hawley Wharf project completing in summer 2019.

Property agent Colliers International will lead the search for occupiers to be based at the site which is bordered by Chalk Farm Road and Regent’s Canal.

It will feature 150 stores, 60 places to eat, offices, and flats.

Sagi has bought the Hawley Wharf land as well as Camden’s market over the last few years. The existing market sites will remain open.

Tomer Bercoviz, LabTec’s commercial director said: “Hawley Wharf draws on Camden’s rich heritage as one of London’s most popular tourist destinations, whilst providing a distinct offer and atmosphere of its own. It is about both shaping the future for Camden Town and respecting its past.”

The owner predicts visitor numbers to Camden will increase from 30 million to 50 million per year by 2020.

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