French office-focused REIT Foncière des Régions said on Friday that it is contemplating a merger with its 52.4% owned Italian arm Beni Stabili as part of plans to expand in Europe.
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.
