Italian asset manager Coima Sgr said it has invested nearly €79 mln to acquire the right to develop some 32,208 m2 for public use within the Porta Nuova area of Milan from the municipality of Milan.
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.
