Alternative lender Fortwell Capital has financed a £52 mln (€62 mln) loan facility to the joint venture (JV) between retirement village provider Audley Group and Schroders Capital’s UK Retirement Living Fund (ReLF) advised by Octopus Real Estate, to support the development of a new retirement village in Leeds, UK.
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.
