Center Parcs UK goes up for sale with near £5bn price tag

1 year ago 45

Private equity owners hope to cash in on post-Covid trend for UK domestic breaks with sale of firm’s six resorts

Center Parcs holiday resort group is being put up for sale by its private equity owners with a price tag of up to £5bn aiming to cash in on the growing trend for domestic breaks kickstarted by the Covid pandemic.

Advisers to Brookfield Property Partners have been sounding out potential buyers over the past week, according to the Financial Times which first reported the move, with possible suitors expected to include other private equity firms.

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