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De Vere Venues For Sale

De Vere Group is selling its venues portfolio.

The company has tasked Lazard Asset Management with the process, which comes after ‘a number of unsolicited approaches from interested parties’. 

A focused B2B business, De Vere Group has 30 venues and 3,000 bedrooms accommodating 700,000 conference/meeting delegates per annum.

It has invested some £112m in the properties over the last seven years and the portfolio was recently valued at £280m.

De Vere stressed that it is not under any pressure to undertake a disposal and will only conclude a transaction which is in the best interests of all stakeholders. 


De Vere Venues For Sale

De Vere Group is selling its venues portfolio.

The company has tasked Lazard Asset Management with the process, which comes after ‘a number of unsolicited approaches from interested parties’. 

A focused B2B business, De Vere Group has 30 venues and 3,000 bedrooms accommodating 700,000 conference/meeting delegates per annum.

It has invested some £112m in the properties over the last seven years and the portfolio was recently valued at £280m.

De Vere stressed that it is not under any pressure to undertake a disposal and will only conclude a transaction which is in the best interests of all stakeholders.