Such is the level of market fatigue about the seemingly interminable Greek crisis that investors have become conspicuously insouciant about a possible Grexit, writes Nick Spiro of London-based consultancy Spiro Sovereign Strategy.
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.
