US-based asset manager Cerberus has announced the acquisition of a majority stake in Spanish developer Inmoglaciar just three weeks after emerging as the buyer of the bulk of the residential-focused real estate assets held by Spanish banking group BBVA.
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.
