Let's talk & chat!

Brookfield ponders consortium to conclude Center Parcs sale

Center Parcs

Reading Time: 2 minutesUK: Canadian private equity firm Brookfield, which owns Center Parcs, is believed to be trying to build a consortium from the remaining bidders to secure a sale of the holiday resort chain following a lengthy offer and negotiation process.

Race to acquire Center Parcs heats up before offer deadline

Center Parcs

Reading Time: 2 minutesUK / Ireland: The race to acquire holiday village chain Center Parcs and its UK & Ireland sites is heating up as new bidders prepare to submit indicative offers ahead of an initial deadline on Tuesday [20 June].

Viadi Group buys Edge Retreats for undisclosed sum

Viadi

Reading Time: 2 minutesUK / Switzerland: Viadi Group SA, a growing collection of high-end travel companies, has announced the acquisition of global luxury villa rental marketplace Edge Retreats for an undisclosed sum.

CVC set to enter bidding to acquire Center Parcs

Center Parcs

Reading Time: < 1 minuteUK: Private equity firm CVC Capital Partners is set to enter the bidding to buy holiday village company Center Parcs and its UK & Ireland sites, less than a month after the business was put up for sale by Canadian private equity group Brookfield for a figure between £4 billion and £5 billion.

HMRC targets short-term rental hosts in tightened tax crackdown

HMRC

Reading Time: 3 minutesUK: Airbnb hosts suspected of not declaring their rental earnings are facing a potential 20-year tax investigation from His Majesty’s Revenue & Customs [HMRC] that covers six years of income information, as part of a wider crackdown on the sector’s activities by the UK tac authority.