Insatiable foreign appetite propelled Central London investment volumes 50% higher in the first nine months of the year. Over on the Continent, big-ticket transactions were also the order of day.
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.
