What is driving investment in the Marina industry?

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There are approximately 560 marinas in the UK. Historically marinas have been operated by private individuals and many still are, but as private equity have taken an interest in the sector, we have started to see the emergence of a two-tier market. The first was when Premier Marinas were sold by Blackrock to Welcome Trust in 2015, followed by British Waterways (now known as Aquavista) to Lloyds Capital in 2018 and who have most recently added Castle Marinas to their portfolio in 2021. A...