US property investment firm Starwood Capital Group has acquired Immofinanz's 26% stake in Austrian property group CA Immo for a total investment of €758 mln, or €29.5 a share.
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.
