CBRE Global Investors has announced the final closing of CBRE Asia Value Partners IV with equity commitments totalling $1 bn (€860 mln) from 21 institutional investors in the Americas, Asia Pacific and EMEA.
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.
