Center Parcs proprietor places vacation chain up on the market
Center Parcs UK and Ireland has been put up on the market for a reported £4bn to £5bn, practically double what it was first purchased for simply eight years in the past. It follows a story reported by Sky News final 12 months that Barclays had been appointed to advise on the way forward for the upmarket vacation villages.
The chain of six Center Parcs places within the UK and Ireland is owned by Canadian personal fairness group Brookfield Property Partners. It was purchased for £2.4bn in 2015.If a sale goes by means of, it might be one of many greatest property offers of the 12 months.Center Parcs is among the most well-known British leisure manufacturers, attracting thousands and thousands of holiday makers yearly to its 5 UK websites and one Irish location in Longford.
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