European logistics specialist Palmira Capital Partners said on Tuesday that it is joining forces with US-based Apollo Global Management's European Principal Finance III Fund (EPF III), to invest more than €1 bn in modern logistics facilities across Europe.
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.
