Barings Real Estate said on Monday that it has financed the £201 mln (€227 mln) acquisition of No. 1 Spinningfields in Manchester by a joint venture set up and managed by Schroder Real Estate Investment Management.
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.
