UK lender HSBC has emerged as the financier of one of Poland’s largest-ever real estate portfolio transactions by providing a €635 mln investment loan to Chariot Top Group, a special purpose vehicle owned by an equity consortium including funds managed by Oaktree Capital Management and Redefine Properties.
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.
