Lease agreement secures Camden Art Centre’s future for 99 years

Camden Art Centre in north London has secured its future for the next 99 years by purchasing the lease on its building, following a £1.9m fundraising campaign. The campaign, launched quietly nine months ago, reached its target quickly thanks to contributions from artists, galleries, trusts, foundations, and individuals. The building, owned by the London Borough of Camden, was previously held on a peppercorn lease for 23 years. Artists including Antony Gormley, Chantal Joffe, Alvaro Barrington, and Kara Walker supported the acquisition fund, while director Martin Clark emphasized the urgency of the deal, which had a 2027 deadline.