Private equity giant Blackstone has succeeded in its €2 bn takeover bid for Spanish hotel REIT Hispania, achieving an acceptance figure of 74.02% of the entity's share capital.
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.
