Investment into UK commercial property from South African capital increased 49% year-on-year to hit a record £288 mln (€324 mln) in 2017 according to data from Real Capital Analytics (RCA), analysed by international real estate advisor Savills.
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.
