Investor demand for logistics real estate is growing sharply thanks to the combination of e-commerce growth and demand for last-mile logistics and the abundance of institutional capital looking for ways to deliver sustained returns.
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.
