London & Associated pledge to diversify beyond retail

Brixton Market

FTSE-listed London & Associated Properties has announced plans to diversify its portfolio away from retail property in half-year results.

The results for the six months to 30 June are the first since the group completed the sale of Brixton Markets for £37.3m to Market Villages after the tenant exercised its pre-emption rights. Market Villages subsequently flipped the retail asset to Taylor McWilliams’ Hondo Enterprises.

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