Real IS, the real estate arm of Bavarian savings bank BayernLB, bas purchased a boutique hotel in Hamburg for its real estate special alternative investment fund (AIF) BGV VI from Patrizia Immobilien.
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.
