Italian asset manager Coima said on Tuesday that it has launched the largest discretionary real estate investment fund ever closed in Italy after raising €650 mln of capital for its second Opportunity Fund.
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.
