Global real estate investment manager Barings Real Estate has provided its first floating rate senior debt facility on behalf of an institutional investor with a £42.7m (€48.3 mln) loan secured against The Pinnacle in Leeds.
Global real estate investment manager Barings Real Estate has provided its first floating rate senior debt facility on behalf of an institutional investor with a £42.7m (€48.3 mln) loan secured against The Pinnacle in Leeds.
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.