Seventy Ninth Group Unveils £500m Bond to Transform UK Holiday Parks

Seventy Ninth Group, a prominent asset management firm, has introduced a new £500m real estate bond aimed at revitalising leisure and holiday parks across the UK. The Seventy Ninth Luxury Living Six (LL6) bond is specifically designed for professional private and institutional investors, targeting the acquisition and redevelopment of UK holiday assets.

With over 50 years of experience in real estate asset management, Seventy Ninth Group plans to capitalise on the post-pandemic market by acquiring holiday parks at significantly reduced prices. The strategy involves redeveloping these assets, with some being sold to the holiday and investment markets while others will be retained within the group’s long-term portfolio.

Jake Webster, Managing Director of Seventy Ninth Group, commented: “The launch of this £500m bond highlights the ongoing success and expansion of our real estate investment portfolio. With the UK residential buy-to-let market facing uncertainty and record-high interest rates, astute investors are seeking to diversify their real estate holdings. We believe LL6 offers an excellent opportunity for our global network of 2,500 partners to achieve strong returns, and we look forward to welcoming more qualified investors in the coming weeks.”