Pubfolio close to being offered for sale
Pubfolio, the 545 strong pub estate run by Country Estate Management, is set to hire bankers Rothschild to market the business for approximately £150m, according to a report in this weekend's Sunday Express.
Pubfolio was created in January 2005 with the purchase of 545 pubs from Punch Taverns.
Punch had acquired the 545 pubs from its buy of the InnSpired pub group four months earlier.
Potential buyers for Pubfolio include Admiral Taverns as well as InnDeed, the privately held operator run by former InnSpired boss Peter Brook.
The Newport Pub Company sells entire estate of 11 pubs for an undisclosed sum to InnDeed >>
County Estate Managment eyes up Greene King pubs >>
Former Punch man joins PubFolio >>
Punch sells 545 pubs in £163m deal >>
By Christopher Walton
E-mail your comments to Christopher Walton](mailto:christopher.walton@rbi.co.uk?subject=Pubfolio close to being offered sale) here.
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