Savills Investment Management has acquired two properties in Lyon, France, and Milan, Italy, for a total of €110 mln for the investment mandate of a southern German pension fund.
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.
