Finnish pension-insurer Ilmarinen has expanded its international real estate investments to the UK by acquiring a 50% holding in a new office property in Manchester from developer Allied London.
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.
