German lender pbb Deutsche Pfandbriefbank said on Monday that it has provided a €58 mln development financing to German developers Terragon and SAX Group for the construction of a new quarter for senior citizens in Berlin's Köpenick area.
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.
