AXA Investment Managers - Real Assets (AXA IMRA) has completed the acquisition of an urban residential development in the German city of Dresden, for €100 mln, on behalf of ERAFP, the French Public Service Additional Pension Scheme.
Opportunistic investors KKR and Baupost confirmed the acquisition of a portfolio of 33 Marriott International hotels across the UK from ADIA, while listed property group Covivio completed the purchase of 43 hotel properties in France, Belgium and Germany, in a €800 mln swap deal with AccorInvest.
