A consortium of Johannesburg-listed Redefine Properties, US investment firm Pimco and New York-listed Oaktree Capital has agreed to acquire a portfolio of 28 retail assets in Poland. The portfolio was sold by funds managed by Ares Management, AXA Investment Managers – Real Assets and Apollo Rida for around €1 bn.
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.
