Art-Invest Real Estate is on the verge of acquiring the Maritim Hotel in Cologne from a closed end fund of Commerz Real, according to a filing on the website of Germany's national competition regulator, Bundeskartellamt.
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.
