Target Healthcare REIT said on Friday that it has raised gross proceeds of £125 mln (€146 mln) through a significantly oversubscribed issue of new ordinary shares at 115 pence per new 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.
