Brookfield reportedly scraps £4bn-plus Center Parcs sale
UK: Canadian private equity firm Brookfield has scrapped plans to sell holiday village chain Center Parcs in a £4 billion-plus transaction due to high interest rates and inflation.
Brookfield ponders consortium to conclude Center Parcs sale
UK: Canadian private equity firm Brookfield, which owns Center Parcs, is believed to be trying to build a consortium from the remaining bidders to secure a sale of the holiday resort chain following a lengthy offer and negotiation process.
Center Parcs revisits plans for sixth UK holiday village
UK: Holiday village chain Center Parcs has revealed it is revisiting plans to operate a sixth site in the UK, despite the company’s ongoing sale process.
CVC set to enter bidding to acquire Center Parcs
UK: Private equity firm CVC Capital Partners is set to enter the bidding to buy holiday village company Center Parcs and its UK & Ireland sites, less than a month after the business was put up for sale by Canadian private equity group Brookfield for a figure between £4 billion and £5 billion.
Center Parcs put up for £4-5bn sale by Brookfield
UK: Holiday village company Center Parcs has been put up for sale by Canadian private equity group Brookfield for a figure between £4 billion and £5 billion, people familiar with the matter told The Financial Times.
Flexible living takes centre stage at Urban Living Festival
UK: More than 240 urban innovators and investors at the cutting edge of global hospitality and real estate attended this week’s Urban Living Festival [ULF] at East Wintergarden in London’s Canary Wharf.