Commercial investment volumes in the City of London for the first nine months of 2017 have already exceeded the full-year total for the whole of 2016 and could beat the record set in 2014, according to international real estate advisor Savills.
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.
