HVS In Focus: Golf Resort Investment – Doing the Rounds

This article will be of interest to stakeholders in new golf resort developments as well as existing schemes as we focus on transactions across Europe since 2008, which demonstrate a structural change in the ownership market.

The recent sale of Surrey's Wentworth Club to the Chinese Reignwood Group and other recent activity appears to have marked the start of an economic recovery, as investors make positive moves to enter and re-enter the volatile golf hotel market. Following a period of inactivity and bouyed by reduced unemployment and the prospect of real wage increases, with over €386 million of single asset investment in 2014 alone, attention has turned to businesses centred around a key golf attraction that also provide multiple revenue streams and future development potential.