French listed property group Foncière des Régions has announced the sale of nearly €290 mln of non-strategic assets as part of its strategic refocusing on offices in France and Italy, hotels in Europe and residential assets in Germany.
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.
