US-based Sun Communities in £900m swoop on staycations giant …

Nov 14, 2021 · Sky News has learnt that Sun Communities has agreed to pay in the region of £900m for Park Holidays, which owns more than 30 sites in counties such as Devon, Kent and …

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US-based Sun Communities In £900m Swoop On Staycations Giant …

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Nov 14, 2021 · Sky News has learnt that Sun Communities has agreed to pay in the region of £900m for Park Holidays, which owns more than 30 sites in counties such as Devon, Kent and …

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Sun Communities, Inc. Closes Acquisition Of Park Holidays UK

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Apr 8, 2022 · The aggregate purchase price for Park Holidays is £950 million, or approximately $1.3 billion. ... help us enhance our best-in-class holiday park experience for homeowners and …

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Sun Communities Makes £900m Bid For Park Holidays

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Nov 15, 2021 · A NEW YORK-LISTED real estate fund made a winning bid to purchase Park Holidays amid a UK staycation boom. Sun Communities won a fiercely contested auction with …

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US Real Estate Investor Swoops In On Park Holidays

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Nov 17, 2021 · US real estate investor Sun Communities has entered the UK domestic travel market with the acquisition of Park Holidays for around £950 million. Park Holidays’ operating …

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Sun Communities, Inc. To Acquire Park Holidays UK For $1.3 Billion

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Southfield, MI, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (“Sun” or the "Company") today announced that it had entered into a definitive agreement to acquire …

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US Firm Completes £950m Takeover Of UK Holiday Parks Operator

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Apr 13, 2022 · US real estate investment trust Sun Communities agreed the acquisition in November and closed the deal this month following approval from the Financial Conduct …

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Did Sun Communities win a £900m bid to buy Park Holidays?

An aerial view of a Park Holidays coastal resort. Sun Communities has reportedly made a winning £900m bid to snap up the staycation operator. A New York-listed real estate investment fund has reportedly won a fiercely contested auction to snap up UK staycation giant Park Holidays. ...

Will Sun communities get a £900m deal?

Capitalising on the post-lockdown staycation boom, Sun Communities has made an offer in the region of £900m to pick up the company’s 42 UK caravan holiday parks, Sky News first reported. The deal is expected to be announced officially on Monday, with Sun Communities entering the race at a later stage according to reports. ...

Who owns Park Holidays?

Park Holidays’ experienced operating team, led by CEO Jeff Sills, will continue to run day-to-day operations under Sun’s ownership. Park Holidays is the second largest owner and operator of holiday communities in the UK, with 40 owned and operated communities and an additional two managed communities. ...

Why did Park Holidays join Sun Communities?

“Park Holidays is thrilled to be joining the Sun Communities team. The similarities in our product offerings, operations, and culture will help us enhance our best-in-class holiday park experience for homeowners and guests. ...

Does Sun Communities own Park Holidays UK?

Southfield, MI, April 08, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the “Company”), today announced the closing of its previously announced acquisition of Park Holidays UK (“Park Holidays”). ...

Could a New York real estate investment fund buy Park Holidays?

A New York-listed real estate investment fund has reportedly won a fiercely contested auction to snap up UK staycation giant Park Holidays. Capitalising on the post-lockdown staycation boom, Sun Communities has made an offer in the region of £900m to pick up the company’s 42 UK caravan holiday parks, Sky News first reported. ...