Macquarie Asset Management is set to create a standalone real estate investment company called Manova Partners, managing €11.4 bn in assets, primarily focusing on core and core plus real estate properties.
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.
