Investment company Lateral has acquired a key site in Cambridge for £15 mln (€17.3 mln) from an overseas investor as part of its drive to deliver lab space to the life sciences sector.
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.
