Environmental, sustainability and governance (ESG) matters are increasing pressure on the real estate industry, but its future-proofing benefits should provide an upside, according to a Schroders Capital ESG chief.
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.
