The Canadian owner of Center Parcs has scooped £298m in dividends during a year when it piled more debt on to the holiday resorts operator.
Brookfield Asset Management, which bought the chain’s five British sites in a £2.4bn deal from Blackstone three years ago, upped its payout six-fold, after taking £48.5m last year. The dividend went to a Cayman Islands company.
The bonanza came despite Center Parcs, which runs forest holiday camps in Nottinghamshire, Cumbria, Wiltshire, Bedfordshire and Suffolk, seeing pre-tax profits slide.
