Catella has set up a new company to oversee its European residential real estate investment fund business, which currently consists of five vehicles with a total of €1.3 bn of assets under management.
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.
