German fund manager Union Investment has made its debut investment in the Polish city of Wroclaw, with the acquisition of Magnolia Park shopping centre from private equity firm Blackstone for €380 mln.
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.
