Belgian consortium acquires 50% stake in leisure complex

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Home Invest Belgium, Belfius Insurance and the infrastructure investors TINC and DG Infra Yield have signed an agreement to acquire 51.43% of the shares of Sunparks De Haan NV. These shares are distributed 50%-25%-12.5%-12.5% between the four companies.

Sunparks De Haan NV is the owner of the touristic leisure facility located in De Haan, western Belgium, near the seaside. The leisure complex is operated for a fixed initial period of 15 years by Sunparks Leisure NV (part of the holiday group Pierre & Vacances) based on an index-linked ‘triple net’ agreement. It will be fully renovated and upgraded to a Center Parcs village.

The transaction value is in line with the fair value as determined by CBRE and amounts to ±EUR75 million (US$84.4 million), which will be partly financed by the shareholders and the remaining balance by bank debt.

The remaining shares of the company are owned by a French equity fund, managed by Atream, a French real estate asset and fund manager.

List of the country updates

Country updates

  • October 15, 2018

    Consultants sought for school PPP projects in Antwerp

    AG VESPA has launched the tender for a multidisciplinary engineering consultancy to provide technical advisory for a cluster of three DBFM school projects in Brecht, Antwerp in Belgium.  Th...

    Read more
  • September 19, 2018

    CAF-led team wins tram PPP in Belgium

    The Board of Directors of the Transport Operator of Wallonia (OTW) has appointed the Tram'Ardent consortium to deliver a new tram system in Liège, a province in the east of B...

    Read more
  • July 18, 2018

    Financial close for Haren prison PPP expected soon

    According to sources, financial close for Belgium’s Haren Prison Complex PPP is expected over coming weeks. The Cafasso Consortium led by Denys NV, Macquarie Capital and Vialia S...

    Read more
  • July 12, 2018

    According to sources, the announcement of a preferred bidder for the project has been pushed back to September (2018) from July because of delays by the procuring authority

  • July 06, 2018

    Flemish schools PPP cluster 1 launched

    Agency for Infrastructure in Education (AGION)​, the flemish education infrastructure procuring authority, has issued a contract notice for a cluster of three schools.

    Read more

Share this update