Aberdeen Standard Investments has acquired the former Abbey Sport Centre site in Barking town centre, near London, forward-funding Lindhill’s redevelopment of the site into a build-to-rent scheme comprising 170 residential apartments.
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.
