Private real estate investment management firm Apache Capital Partners and build-to-rent developer Moda Living have engaged sister company Caddick Construction on their £154 mln (€175 mln) Angel Gardens scheme in Manchester, following the collapse of the project's contractor Carillion.
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.
