Belvedere Leisure Resorts PLC 6.25% Secured Bonds due 31 December 2025
BLR has already secured its first site and exclusivity terms on another for acquisition in March 2021; both are located in the stunning Dumfries & Galloway region of South West Scotland and collectively cover circa 200 acres of suitably consented land. Intended to generate early revenue as the first of multiple revenue streams projected throughout the phased development of the sites, Phase 1 is scheduled to open in summer 2021.
These signify the first in a series of intended developments in a long-term collaboration between BLR & LGP, framed in a comprehensive, long-term operational management & marketing services contract - an agreement with LGP which is unique to BLR in the UK, resulting in resorts being purpose built and branded as a Landal Green Parks Resort, leveraging both the high brand equity/reputation of LGP and the hugely significant marketing reach of the Awaze Group.
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