Center Parcs Nordseeküste
In September 2019, Beaureale advised French investor Atream in the successful acquisition of the hotel and central facilities of the “3 birdies” Center Parcs Nordseeküste. The newly renovated German park located on the North Sea coast consists of 248 cottages, 97 apartments, a 78-room hotel. The block acquisition also features a soon-to-be-built extension project of 42 cottages. A new 15-year triple lease agreement was signed with the tenant with a renewal option.
Center Parcs De Eemhof
Soon after, in December 2019, the sale of Center Parcs De Eemhof to prominent French investor Atream and the financing of the capex plan was also completed. Beaureale Investments acted as a key advisor on this operation. Center Parcs De Eemhof is a renowned Dutch holiday village rated “5 birdies”, the highest rating at Center Parcs. This holiday village is one of the first parks to have opened back in 1980 and has been in use for 40 years, displaying fantastic performance ever since. Center Parcs De Eemhof covers almost 65 hectares and totals 651 cottages, a 50-room hotel, 100 apartments in the Marina and five boathouses.