Brixton Market is under threat from private equity firms, say campaigners. Image: gerrypopplestone, Creative Commons
The future of Brixton Market is under threat, say local campaigners, with private equity firms 'circling' the south London institution.
Since 2018, the indoor market — which dates back to the 1920s and is home to a vibrant array of market stalls, bars and restaurants — has been owned by TPG Angelo Gordon and Hondo Enterprises, which put it up for sale last year. Traders went on record claiming the market was turning into a 'ghost town', thanks to increased rents from its landlord. Now, they say the market is being pitched to unnamed private equity firms for £50m in "a plan to drive £1.2 million in increased profits by evicting tenants paying lower rents."
To add to the jeopardy, it's claimed that a planned six-month consultation window has been scrapped, leaving less than a week before bidding for the market closes on Monday 22 June 2026.
In response, the Brixton Village & Market Row Traders Association (BV&MRTA), supported by The Advocacy Academy (TAA), has launched a 'Buy Back Brixton' counter-bid, with an initial target of £15m to secure a route towards community ownership of the market. An event is also being hosted on Friday 19 June.
