Global housing market imbalances have declined sharply over the past two years due to the global surge in inflation and interest rates, with only Zurich and Tokyo remaining in the bubble risk category.
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.
