Pictet Alternative Advisors (PAA) and independent investment and asset manager Scantum DW have bought a circa 20,000 m2 logistics property in Germany’s Rhine-Main area from Branicks Group in an off-market transaction.
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.
