A group of investors led by alternative investment firm Värde Partners and credit manager Guber Banca has acquired an Italian non-performing loan (NPL) portfolio with a gross book value of around €734 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.
