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Sun Communities closes £950m acquisition of Park Holidays UK
Reading Time: 2 minutesUK: US-based real estate investment trust [REIT] Sun Communities has officially closed the planned £950 million acquisition of British holiday park group Park Holidays UK.
Park Leisure sold to Sun Communities in £182m deal
Reading Time: 2 minutesUK: Premium holiday park operator Park Leisure has been sold to US-based real estate investment trust [REIT] Sun Communities for an enterprise value of £182 million.
Sun Communities to buy Park Holidays UK for £950m
Reading Time: 4 minutesUS / UK: US-based real estate investment trust [REIT] Sun Communities has announced that it has agreed to purchase UK holiday park operator Park Holidays UK for approximately £950 million [$1.3 billion]. The transaction is expected to be completed in 2022, and Park Holidays’ existing operating team, led by CEO Jeff Sills, will continue to run […]