French insurer Société Générale has purchased Tour Pacific in Paris from Tishman Speyer and Canada's Public Sector Pension Investment Board (PSP Investments) for an undisclosed sum.
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.
