German lender Deutsche Hypo said on Tuesday that CEO Andreas Pohl has decided to retire next year and will not extend his contract which expires at the end of February 2018.
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.
