Struggling Italian developer Risanamento said on Wednesday that it has signed a binding agreement with Australian group Lendlease to relaunch the development of its flagship Santa Giulia site in Milan.
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.
