Columnist and author Peter Bill analyses recent developments at Grainger, the listed UK residential landlord which put its German business up for sale in August and is becoming an attractive prey - particularly among US predators looking to expand in Europe.
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.
