Luxurious Brentwood Bay sold to Chinese firm

VICTORIA—The luxurious Brentwood Bay Resort and Spa is being purchased by Forebase International Holdings Ltd. for nearly $14 million. The agreed-upon selling price is $13.998 million for the 33-room, three-story property.

VICTORIA—The luxurious Brentwood Bay Resort and Spa is being purchased by Forebase International Holdings Ltd. for nearly $14 million. The agreed-upon selling price is $13.998 million for the 33-room, three-story property, which opened in 2004 at 849 Verdier Ave. and the deal is expected to close Oct. 31.
Brentwood managing director Dan Behune told CLN 100 per cent of the employees and managers will stay on with the hotel and resort. The 33,000-square-foot Brentwood Bay Resort is the first North American acquisition of the Chongqing, China-based company, which was founded in 1996 with a focus on hotel real estate.