German residential developer Instone said on Wednesday that it has placed nearly 20 million shares at €21.50 apiece as part of its listing on the Frankfurt Stock Exchange.
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.
