Alternative asset manager Blackstone and holiday home provider Bourne Leisure have sold iconic UK seaside resort company Butlin’s to a newly formed company backed by the Harris family.
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.
