Colony Investment Management appears set to launch a European opportunistic real estate fund in the coming months after it emerged the company had hired a well-known investor relations professional.
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.
