Center Parcs UK up for sale
The Center Parcs’ UK business is in the shop window with a price of up to £5bn.
Owner Brookfield Property Partners has been actively seeking a buyer, the Financial Times reports.
It includes five UK parks and one in Ireland.
Brookfield bought the business for £2.4bn in 2015.
It is a profitable business again after the pandemic earning £66m in 2022 on revenue of £503m.
Center Parcs recently dropped plans for a new park in West Sussex over sustained conservation protests.
Center Parcs entered the UK market in 1987 at Sherwood Forest, Notts.
It has been a separate entity to the European division since 2001.
Center Parcs operates there in Germany, the Netherlands, France and Belgium.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
BA suspending all Heathrow to Abu Dhabi flights
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel
Foreign Office issues travel advisory for winter sun destinations