German lender Aareal Bank announced on Thursday that it has closed a green financing agreement with an affiliate of Cerberus Capital Management and Highgate to fund the acquisition of the Dorsett City Hotel in London.
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.
