Berlin-based investment manager Catella Residential Investment Management (CRIM), which focuses exclusively on residential assets, has acquired two project developments for the Catella Wohnen Europa investment fund for a total of €88.6 mln.
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.
