Polish developer-investor Echo Investment has announced the launch of a new business line focused on rental apartments with an undisclosed partner. The new unit starts with four development projects.
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.
