Canadian investment firm bids for Center Parcs


Canadian investment group, Brookfield Property has reportedly entered the race for Center Parcs, after submitting a surprise bid last week, according to the Sunday Telegraph.

The holiday park’s owner, Blackstone said in March that it was “considering its strategic and financing options, which may include private or public equity or debt capital markets”.

A number of other firms, including the Singapore sovereign wealth fund are believed to have put in offers. However, Chinese conglomerate Fosun, which recently bought a stake in Thomas Cook, has reportedly walked away.