Aviva Investors, the global asset management business of Aviva, has agreed to forward fund the development of Eleven York Street in Manchester, having acquired the freehold interest in the site from Kier Property.
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.
