Market tech prepares move to main market July 9, 2015 Market Tech Holdings, the owner of Camden Market, is poised to move to the main market after raising £200m via a placing of 90m new shares yesterday, handled by Shore Capital and Canaccord Genuity. The fundraising will also pave the way for further expansion.
Wasabi returns to a profit after adding heat to expansion plans August 16, 2015 TAKEAWAY sushi and bento chain Wasabi hailed a return to profit last year after expanding its presence in the UK and launching its first outlet in New York. Accounts filed at Companies House show Wasabi Sushi Bento made a pre-tax profit of £4.26m in the year to 27 December compared with a loss of £1.15m [...]
Frazer Thompson of Chapel Down: Why I’m crowdfunding again January 7, 2016 The crowdfunding industry isn’t old enough to have veterans, but it does have experienced players. Frazer Thompson, the chief executive of Chapel Down, is now on his second campaign, raising £1m in return for 5.88 per cent equity on Seedrs to fund a new, state-of-the-art brewery in which the firm will make its Curious Brew beer [...]
Camden Market owner Market Tech Holdings valued at £844m after first day of trading on Aim December 22, 2014 Market Tech Holdings, the company that owns the iconic Camden Market, has a valuation of £844m after its first day of trading on the alternative investment market (Aim) of the New York Stock Exchange. Shares in the company which combines real estate assets with an e-commerce platform jumped by 12.5 per cent from their [...]
Volkswagen emissions scandal: We need more power for shareholders, not less – The City View September 23, 2015 This column warned yesterday that people already suspicious of the motivations and practices of the corporate world would be buoyed by the scandal engulfing Volkswagen. A cloud of noxious fumes still lingers around the reputation of the carmaker, and is likely to do so for a long time yet. So it is with [...]
Camden Market IPO: Owner Market Tech Holdings aims for £100m listing on Aim December 8, 2014 The owner of Camden Market, Market Tech Holdings, yesterday announced its intention to list on London’s Alternative Investment Market. Market Tech is the holding company of a group that combines real estate assets in Camden Borough – namely Camden Stables Market, Hawley Wharf, Union Street Market and Camden Lock Market – with an [...]
High stamp duty on prime property may prove self-defeating for the government October 2, 2015 In the days that followed the Conservative Party victory in May, the widely-held assumption was that normal service would resume at the prime end of the London housing market with double-digit annual growth. It was a proposition that never looked likely for several reasons, the principal one being a rise in stamp duty last [...]
We profile five young developers that are shaking up the UK property industry February 25, 2016 The free-thinking “millennial generation” could be our most entrepreneurial age group. Having pushed the boundaries of communications and technology, many are now challenging traditional businesses, including property development, and are making a significant mark. They may be young, but the self confidence and business sense of the five developers profiled here has helped them deliver [...]
Camden Market IPO: First punks, then goths – now London’s alternative hotspot prepares for stock market investors December 8, 2014 For years a beacon of London’s alternative scene, it is perhaps symbolic that Camden Market is to float on the city’s Alternative Investment Market. Though how far it has come – masterminded by Israeli technology entrepreneur Teddy Sagi, Market Tech Holdings has bought up 11 acres of market real estate across the Camden Borough and now [...]
Theatre review: Utopia August 6, 2015 Roundhouse Two Stars If sleep deprivation, breakfast lager and Rolf Harris prove anything, it’s that things that are good at Glastonbury aren’t necessarily good in real life. The same goes for Penny Woolcock’s Utopia, the immersive sound installation that enjoyed a highly praised run at the festival last month. What was trippy fun in a [...]