LondonMetric Property has exchanged contracts to sell an Odeon Cinema in Derby and a retail asset in Guisborough, UK for £18.6 mln (€21 mln) reflecting a blended net initial yield of 4.8%.
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.
