North American asset manager Brookfield has exchanged contracts to acquire Oaktree Capital Management's serviced apartment business Saco for £430 mln (€485 mln).
North American asset manager Brookfield has exchanged contracts to acquire Oaktree Capital Management's serviced apartment business Saco for £430 mln (€485 mln).
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.