New research from alternative assets information specialists Preqin has found that smaller private real estate funds of $500 mln or less have been consistently outperforming larger funds, tracked over both 'vintage' years and periods including the global financial crisis.
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.
