UK-focused property developer-investor Helical has exchanged contracts to sell the C-Space office scheme in Shoreditch, London, for £74 mln (€83 mln), reflecting a net initial yield of 4.6%.
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.
