Deutsche Asset Management (Deutsche AM) has announced the completion of the management transfer to its real estate investment business, of a €1 bn global property portfolio managed on behalf of its German institutional client Bayerische Ärzteversorgung (BAV).
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.
