French asset management group La Française has strengthened its presence in Germany with the purchase of multi-asset manager Veritas Investment and Veritas Institutional, respectively based in Frankfurt and Hamburg.
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.
