Debt advisor and asset manager BBS Capital said it has arranged a £31.3 mln (€35 mln) facility with specialist property lender Octopus Property, for the acquisition of one of London’s largest ever permitted development deals by floor area.
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.
