London-based property investment company Marylebone Warwick Balfour (MWB) has appointed Bank of America to sell its Malmaison and Hotel du Vin portfolios following the failure of Vector Hospitality to list on the stock exchange and to acquire the UK hotel assets for £495 mln (EUR 735 mln).
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
