The real estate market in Germany is showing signs of recovery after experiencing a significant price decline due to the ECB's interest rate hikes, according to research by Commerzbank.
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.
