Spanish REIT Merlin Properties has acquired a 14.46% stake in Madrid Nuevo Norte, a €7.3 bn regeneration project in the Spanish capital, for €168 mln.
Spanish REIT Merlin Properties has acquired a 14.46% stake in Madrid Nuevo Norte, a €7.3 bn regeneration project in the Spanish capital, for €168 mln.
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.