A fund managed by turnaround specialist ActivumSG Capital Management has announced the acquisition of Fairvesta Group, a fund platform for retail investors with €800 mln of managed assets.
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.
