Clearbell Capital has raised £310 mln (€354 mln) of equity at the final close of its third value add fund, Clearbell Property Partners III (CPP III), the private equity real estate fund manager announced on Friday.
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.
