07. August 2012     Print Print 

The Belfry resort sold

KSL Capital Partners has acquired the The Belfry resort located in the West Midlands near Birmingham for an undisclosed sum through Jones Lang LaSalle Hotels. The vendor was Sean Quinn junior (Quinn Group).


Situated on 54 hectares and housing the headquarters of the UK PGA, the resort comprises 324-rooms, with meeting and conferencing facilities as well as three 18-hole golf courses including the famous Brabazon course, the host of four Ryder Cups, more than any other golf course. As owner of ClubCorp, the world's preeminent golf club operator, the investment by KSL Capital Partners in The Belfry represents KSL Capital Partners first golf acquisition in to Europe.

George Nicholas, Executive Vice President, Jones Lang LaSalle Hotels, said:
„The sale is vote of confidence by KSL Capital Partners in to the UK and bolsters the sentiment in the UK lodging sector as evidenced by £1.123 billion in hotel property sales year to date 2012, representing growth of 12% over the same period last year with the majority of investment coming from offshore.“