Camden to offload £223m resi portfolio

It sounds like Camden Council is looking for some help in selling off a whopping £223m portfolio of resi assets.

According to PropertyWeek, the Council is keen to offload 412 units across Holborn (WC1), Swiss Cottage (NW6), Highgate (N19), Gospel Oak (NW5) and Camden Town (NW1) by 2020, and is planning to appoint five agents to do the honours.Camden

Apparently the contract is worth a not-to-be-sniffed-at £3m and it’s all part of a scheme to raise £300m from the sale of 1,000 or so properties by 2025.