Legal & General Investment Management has launched the investment sale of Chineham shopping park in Basingstoke, UK, through BNP Paribas Real Estate with a guide price of £57.4 mln (€65 mln), reflecting a net initial yield of 6%.
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.
