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Deutsche Bank to raise capital on Center Parcs' properties
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The Pickaquoy Centre
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Deutsche Bank Capital Properties is seeking a buyer for a bricks and mortar sale-and-leaseback deal of three of its UK Center Parcs properties in order to raise capital.
Discussions are underway with a consortium of banks regarding the buildings of three properties at Sherwood Forest in Nottinghamshire, Longleat in Wiltshire and Oasis in Cumbria.
Eleveden Forest, which suffered a major fire last month, is not included in the prospective deal.
The management and all other aspects of Center Parcs' business will remain unchanged following the sale-and-leaseback deal. Details: Deutsche Bank Capital Properties +44 (0)20 7545 8000
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Deutsche Bank Capital Properties is seeking a buyer for a bricks and mortar sale-and-leaseback deal of three of its UK Center Parcs properties in order to raise capital.
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