Lender Banco Portugués de Inversiones (BPI) has announced the sale of a city-centre historic office scheme in Lisbon to asset manager Norfin, acting on behalf of an unnamed German fund.
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.
