Uk property giant British Land has announced a £404 mln (€470 mln) pre-tax loss in the half year to the end of Q3, on the back of the retail sector’s woes.
Uk property giant British Land has announced a £404 mln (€470 mln) pre-tax loss in the half year to the end of Q3, on the back of the retail sector’s woes.
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.