Fore Partnership, a European real estate investment club for family offices and private investors, has acquired the UK headquarters office building of L’Oréal in London’s Hammersmith for £58 mln (€66 mln), which reflects a net initial yield of 7.5%.
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.
