Barings Real Estate, part of Barings LLC, has provided, on behalf of an institutional investor, a £43.2 mln (€48 mln) loan to support the freehold acquisition of 165 Fleet Street in the City of London.
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.
