Alternative real estate investment manager Newcore Capital Management has announced the launch of a £100 mln (€113 mln) value-add fund focused on UK real estate assets linked to social infrastructure, storage and accommodation.
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.
