Tue, 23 Mar 2010 | BUSINESS SALE
US private equity group Blackstone is mooting the sale of its majority £1.4 billion stake in the British holiday chain Center Parcs, it has been reported.
The firm is currently exploring potential interest in the sale, though it plans to keep a significant holding in the properties.
Blackstone was granted approval last week from the holders of the bonds backing the portfolio acquisition to extend its debt maturities until 2013, giving it time to work on its plans for the properties.
If a sale goes ahead, it would be one of the largest since the last property boom.
Blackstone also owns the operating business that manages the parks. It bought the operating and property businesses in separate deals in 2006 for a combined total of £1.1bn.
It is believed that the firm is also mulling sale-and-leaseback transactions on other parts of its property portfolio. It has been reported that there is much demand from institutional investors for real estate assets that provide long leases and secure income streams via rent from tenants.
A wireless communications company based in Edinburgh, has fallen into administration, with administrators now marketing the company’s assets, including its intellectual property portfolio, for sale. Offers are invited.
This international organisational consulting and training business boasts over two decades of success, leveraging a prestigious PMI authorisation to provide top-tier project management training worldwide. With a unique partner-led model and significa...
This is a well-established brand and creative agency located in Yorkshire, known for its strong reputation and tailored campaigns that cater to a diverse client base, including prestigious blue-chip organisations.
|
04
|
|
Sep
|
Insurance broker kicks off buy-and-build strategy targeting £100m GWP | BUSINESS SALE
Tower Insurance Brokers, an insurance broker backed by priva...
|
03
|
|
Sep
|
Assets including IP available as wireless technology firm collapses | ADMINISTRATION
pureLiFi, a wireless communications company based in Edinbur...
|
03
|
|
Sep
|
Listed New Forest hotel up for sale for £8.5m | COMMERCIAL PROPERTY
Burley Manor Hotel, a grade II-listed country house hotel in...
|
04
|
|
Sep
|
Insurance broker kicks off buy-and-build strategy targeting £100m GWP | BUSINESS SALE
Tower Insurance Brokers, an insurance broker backed by priva...
|
03
|
|
Sep
|
South Wales care home sold to regional operator | BUSINESS SALE
A South Wales care home that provides elderly and specialist...
|
03
|
|
Sep
|
Listed New Forest hotel up for sale for £8.5m | COMMERCIAL PROPERTY
Burley Manor Hotel, a grade II-listed country house hotel in...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.