Investors from Korea were the biggest Asian buyers of real estate in Europe during the first half of 2019, accounting for 67% of total cross-border investment from the region, according to new research from CBRE.
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.
