German property firm Art-Invest Real Estate has agreed to acquire the SZ Tower located on Hultschiner Strasse 8 in Munich from landlords Norges Bank Real Estate Management and AXA France for €244 mln.
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.
