Pan-European institutional investor Patron Capital has acquired the Jacobs Inn in Dublin for a reported €14.5 mln from Tetrach Hospitality, with a plan to transform it into a new pod-style hostel.
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.
