UK REIT Hammerson said on Thursday that it has completed the sale of its 75% stake in the Parisian shopping destination Italie Deux to AXA Investment Managers - Real Assets
for €430 mln following clearing of the City of Paris pre-emption right on the asset.
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.
