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

Nov 14, 2021 · A US-listed real estate investment trust has won a hotly contested auction of …

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

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Nov 14, 2021 · A US-listed real estate investment trust has won a hotly contested auction of …

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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 …

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Sun Communities In £900m Swoop On Staycations Giant Park …

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Nov 16, 2021 · A US-listed real estate investment trust has won a hotly contested auction of …

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Park Leisure Sold To Sun Communities In £182m Deal - Short Term …

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Apr 13, 2022 · Reading Time: 2 minutes UK: Premium holiday park operator Park Leisure has …

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US Trust Sun Communities To Pay £900m For Park Holidays

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Nov 15, 2021 · Park Holidays operates 33 holiday parks across the south of England. Select …

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FAQs about US-based Sun Communities in £900m swoop on staycations giant … Coupon?

Who owns Park Holidays UK?

One of Britain’s largest holiday park groups, Park Holidays UK, has been acquired by US real estate investment trust Sun Communities, Inc. (“Sun”). The £950 million acquisition was agreed in November 2021, and closed this month (April) following approval from the Financial Conduct Authority. ...

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. ...

Will Sun Communities support Park Holidays UK?

Park Holidays UK – which currently owns and manages 42 parks in England and Scotland – will use the support of Sun Communities to continue to invest in its existing holiday centres and to further expand its portfolio of holiday parks. ...

Did Sun communities buy park leisure?

The news emerged as it was revealed that Sun Communities had also acquired premium holiday park operator Park Leisure. The £182 million transaction was handled by investment and advisory firm, Midlothian Capital Partners [MCP], and is expected to close in the second half of this year. ...

How will Park Holidays UK's acquisition impact the UK holiday market?

Park Holidays UK Director Tony Clish said the acquisition will trigger an exciting new period of growth for the company: “The domestic holiday market continues to gain traction in the post-Brexit and post-pandemic environment, and we are seeing an ever-increasing demand for UK holidays,” he said. ...