Europe’s commercial real estate market had the third most active investment year on record in 2017 as a result of large portfolio transactions and corporate mergers and acquisitions, research by Real Capital Analytics (RCA) shows.
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.
