German fund manager Union Investment Real Estate and the Berlin- and Frankfurt-based German Tech Entrepreneurship Center (GTEC) have announced the launch of their second annual PropTech Innovation Award.
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.
