One swallow does not make a summer

More than one interest rate cut and further evidence of a pick-up in transaction activity will be needed to put the market on the road to full recovery.

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    Weekly data sheet: Two massive hotel portfolios change hands

    • 06-Dec-2024

    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. 

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