UK department store group Debenhams has announced plans to close up to 50 stores after posting record annual losses in the year to date.
UK department store group Debenhams has announced plans to close up to 50 stores after posting record annual losses in the year to date.
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.