Private equity group ActivumSG Capital Management will float unit Instone Real Estate on the Frankfurt stock exchange after taking full control of the German residential development arm in October last year.
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.
