France’s La Poste Group has earmarked €500 mln to set up the first urban logistics investment fund, via its property unit La Poste Immobilier and in partnership with Banque des Territoires.
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.
