BMO Real Estate Partners (BMO REP), the European property investment and asset management arm of Canada’s BMO Financial Group, has bought two prime luxury retail properties in Italy for €150 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.
