Los Angeles-headquartered global property firm CBRE Global Investors has created a new role for an established real estate figure as part of the firm’s initiative to capture allocations to real estate and infrastructure, the two largest real assets categories.
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.
