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Heart Parcs UK and Eire has been put up on the market for a reported £4bn to £5bn, practically double what it was first purchased for simply eight years in the past.
It follows a story reported by Sky News final 12 months that Barclays had been appointed to advise on the way forward for the upmarket vacation villages.
The chain of six Heart Parcs areas within the UK and Eire is owned by Canadian non-public fairness group Brookfield Property Companions. It was purchased for £2.4bn in 2015.
If a sale goes via, it will be one of many greatest property offers of the 12 months.
Heart Parcs is without doubt one of the most well-known British leisure manufacturers, attracting hundreds of thousands of holiday makers yearly to its 5 UK websites and one Irish location in Longford.
On the finish of final 12 months, Heart Parcs reported occupancy charges of 97.3%, consistent with pre-COVID ranges.
The corporate booked income of £426.6m between April and December 2022, up 20% on 2021, and an 18% improve the 2019 pre-pandemic 12 months.
The websites provide a mixture of journey and leisure actions for households, corresponding to watersports and horse driving, in addition to spa packages.
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Heart Parcs in Longleat.
The primary website was opened within the UK in 1987 at Sherwood Forest, Nottinghamshire.
Different UK areas are Elveden Forest in Suffolk; Longleat Forest in Wiltshire; Whinfell Forest in Cumbria; and Woburn Forest in Bedfordshire.
Earlier this 12 months Heart Parcs introduced it was pulling out of plans to develop a brand new vacation village in Crawley, West Sussex, following “rigorous environmental and ecological website surveys”.
The UK and Eire operations are individually owned by Heart Parcs in Europe which additionally trades underneath the model.
Heart Parcs and Brookfield declined to remark.
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