European real estate investment firm TwentyTwo Real Estate and its subsidiary Scaprim have launched Powerhouse Habitat, a private residential REIT backed by institutional investors BNP Paribas Cardif and Société Générale Insurance.
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.
