Judge allows three Peter Gillis holiday parks to be auctioned

A judge has authorized the forced auction of three holiday parks owned by Peter Gillis due to his failure to repay a loan of over 20 million euros. The court rejected arguments from the reality star that the properties had been intentionally undervalued by the lender.
A judge has ruled that three holiday parks belonging to Peter Gillis and his Ooststappengroep company can be auctioned. The parks, named Prinsenmeer, Brugse Heide, and Stadsresort Valkenburg, serve as collateral for a loan exceeding 20 million euros provided by businessman Van Rooi. After Gillis allegedly failed to meet his payment obligations, Van Rooi sought to recover the debt through a public sale of the properties. These parks are currently closed following long-standing conflicts regarding permits and regulatory compliance.
Legal representatives for Gillis had attempted to halt the auction, arguing that the properties were intentionally undervalued so that the lender could acquire them at a lower price. However, the court found no sufficient evidence to support these claims of undervaluation or bad faith by the lender. While Gillis stepped down as the operator of his Dutch parks in April 2024, he has remained the legal owner of the assets until this court decision permitted the forced sale to proceed.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
