Center Parcs UK put up for sale ‘with £5bn price tag’
Asking price of at least £4 billion for UK entity of company
Center Parcs has been put up for sale by its Canadian owner with a bid of up to £5bn expected for the UK resort chain, according to reports.
Canadian private equity group Brookfield bought the business for around £2.4bn eight years ago and is said to be expecting to raise between £4bn and £5bn in the sale.
There are six holiday locations under the UK and Ireland banner which operate independently of Center Parcs in Europe and elsewhere.
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Image Credit: Longleat Center Parcs
