Goldman Sachs has become the preferred bidder to buy The Belfry, the world-famous Warwickshire hotel and golf course, for an expected price of around £140m.
Goldman Sachs is to become the new owner of The Belfry, one of the world’s best-known golfing resorts.
A property fund run by the Wall Street firm has beaten Pimco, one of the world’s largest bond fund managers, to become the preferred bidder for the Warwickshire hotel and golf courses, with a purchase price of about £140 million, according to Sky News.
The sale will bring to an end a long-running effort by the Belfry’s current owner, KSL Capital Partners, to sell the 550-acre site, which it bought in 2012.
The main building of the course, which recently hosted the British Masters, can trace its origins to the 13th century, when it served as a manor of the Knights Templar.
Main image: The Belfry Hotel & Resort