German fund manager Commerz Real and global investor Hines have closed the deal for Hypovereinsbank's Am Tucherpark in Munich, a mixed-use quarter comprising 10 buildings across 148,000 m2.
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.
