At a time when investment into all major asset classes is falling, the residential sector bucked the trend with a 9% year-on-year rise in transactional activity, according to Savills' new Global Living report.
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.
