US investor Apollo Global Management is becoming a major shareholder in Demire after agreeing to take part in a 10% capital increase to be carried out by the German commercial property landlord.
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.
