Christie & Co appointed to market 29 caravan parks and properties

27th Oct 2023 08:38

(Sharecast News) - Christie Group announced on Friday that its agency and advisory business, Christie & Co, has been appointed by the administrators for several companies linked to RoyaleLife Group to market 29 residential caravan parks and properties.

The AIM-traded firm said the portfolio consists of 29 freehold properties and would be made available for sale individually, in subgroups, or as a complete portfolio.

Among the properties are undeveloped or partially-developed sites, mature caravan parks, and a former head office building.

"This exciting instruction is a reflection of Christie & Co's already recognised but growing presence, expertise and capabilities in the holiday and residential parks sector," said group chief executive officer Dan Prickett.

"Having advised on £325m worth of holiday and residential park assets in 2022, the Christie & Co team are able to offer unrivalled market insight."

At 0856 BST, shares in Christie Group were up 5.64% at 103p.

Reporting by Josh White for Sharecast.com.