US asset management giant Blackstone has agreed to acquire an institutional-quality portfolio comprising 102 properties across the US and 22 assets in the UK, Germany and the Netherlands in a deal valued at $2.8 bn (€2.5 bn).
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.
