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Center Parcs UK up for sale

Tuesday, 16 May 20233 min read
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.