Newsec Property Asset Management has hired Rikard Nyhrén as chief operating officer, with responsibility for simplifying ways of working and spreading best practice within the group.
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.
