A real estate fund managed by Germany's KGAL Investment Management has made its first acquisition in Poland with the purchase of Phase I of the Spark office complex in Warsaw from construction giant Skanska.
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.
