A significant increase in cross-border retail activity has been observed across Central and Eastern Europe (CEE), driven by limited growth opportunities in saturated domestic markets, according to Colliers' latest report on retail expansion in CEE and the Baltics released at Mapic.
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.
