Market Tech Holdings acquires Hawley Crescent contract

18th Jun 2015 08:49

Market Tech Holdings announced that it has exchanged contracts to acquire Hawley Crescent for £31.1, as it continues to swell its property portfolio.The site, spanning 19,720 sq ft from 1-11 Hawley Crescent, is primarily let to the Open University and includes commercial as well as residential units close to the group's existing Camden Markets site."Today's acquisition continues the Group's strategy to create a world class living, working, retail and leisure destination - establishing the right asset base from which Camden Markets and its surrounding area can be reinvigorated," said chief executive officer Charles Butler.The acquisition, including £1.2m stamp duty, will be paid in cash with completion set for 28 July 2015.