A fund managed by Deutsche Asset Management has acquired the former headquarters of mobile phone maker Nokia in Espoo, Finland for €164 mln, or a 4.65% net initial yield. The transaction is one of Finland's biggest individual office property deals in 2017.
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.
