PropertyEU's annual ranking of the leading investors in European real estate by assets under management finds that many firms spent much of 2023 rebalancing their portfolios and getting their house in order as they waited for better times to step back into the market.
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.
