Schroders Capital completes sale of Aloft Brussels Schuman to Pestana Hotel Group

Schroders Capital, the $111 billion private markets division of Schroders, has completed the sale of the 4-star Aloft Brussels Schuman hotel to the Pestana Hotel Group on behalf of its clients, including EXTENDAM.

Schroders Capital, the $111 billion private markets business of Schroders, announces the successful sale of the Aloft Brussels Schuman on behalf of its clients, including EXTENDAM, to Pestana Hotel Group.

Aloft Brussels Schuman is a 4-star hotel in the heart of the European quarter, offering 150 rooms, a bar and two restaurants, meeting rooms, a fitness centre, and parking facilities. The hotel is just minutes from Brussels’ city centre with key EU institutions within walking distance, including the European Parliament.

Following the acquisition of the hotel in 2019, Schroders Capital focused on reorganising the hotel’s operations – converting the previous management agreement with Marriott International into a franchise agreement – as well as executing a capital expenditure programme.

Schroders Capital, through its sector-leading hotel platform, currently manages €3.6 billion investments into hotel businesses operated by a dedicated team of 38 people located across London, Paris, Milan and Amsterdam.

The platform manages a wide range of hotel investment profiles, from independent assets directly operated by Schroders Capital, with or without affiliations, to hotels under management or lease agreements operated by a third party.

Thibaut Leonard, Investment Director, Hotels at Schroders Capital, said:
"We’re delighted to have successfully executed the strategic repositioning and sale of Aloft Brussels Schuman. Our active asset management and operational expertise has transformed the hotel and enabled its strong performance, thereby maximising its value for our clients. We look forward to building momentum with our leading hotels platform, as we continue to create value and deliver significant long-term growth potential."

Matthieu de Lauzon, partner from EXTENDAM added:
"We are very proud to have invested alongside Schroders Capital in this hotel. We would like to extend our warmest thanks to the hotel teams, who have delivered excellent performances despite the sometimes challenging circumstances, such as during the Covid crisis. We would also like to thank Marriott for their support.
“We congratulate Pestana on their acquisition and hope that they will enjoy the same level of satisfaction that we have had with this asset.”

José Roquette, Chief Development Officer at Pestana Hotel Group, said:
"The integration of this new hotel into the Pestana Hotel Group’s portfolio marks another significant milestone in our internationalisation strategy, which we have been steadily building over the past decades. Brussels, as a leading European capital, is a destination that strengthens our presence at the heart of Europe thanks to its central location, dynamic character, and institutional importance. This acquisition reflects our long-term vision, rooted in a sustainable and strategic approach, and reinforces our ambition to be present in the world’s leading cities, further consolidating the Pestana brand on a global scale."

The sale process, overseen by Jones Lang Lasalle, attracted interest from a wide range of local and international investors.

Schroders Capital and their clients were advised by JLL Hotels (hotel brokerage) and Loyens (tax and legal).

or further information, please contact:

Schroders Capital:

Rachael Dowers, Media Relations Lead, Private Markets
+44 207 658 2086
rachael.dowers@schroders.com

Jessye Brandon, PR Manager
+44 20 7658 3789
jessye.brandon@schroders.com

EXTENDAM:

Annabelle Ledoux
+33 (0)6 10 79 07 65
aled@lesgrandesidees.fr

Schroders Capital

Schroders Capital provides investors with access to a broad range of private market investment opportunities, portfolio building blocks and customized private market strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customized private market mandates.

The team aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterized by performance, collaboration and integrity.

With $111 billion (£81 billion; €94.5 billion)* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitized products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists).

To view the latest press releases from Schroders visit: Media Centre | Schroders global

*Assets under management as of June 30, 2025 (including non-fee earning dry powder and in-house cross holdings)

Schroders plc

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with £778.7 billion (€941.8 billion; $975.3 billion) of assets under management at 31 December 2024. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 6,000 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Schroder family continues to be a significant shareholder, holding approximately 44% of the issued share capital.

Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.

Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com for our alerting service.

EXTENDAM

EXTENDAM is a leading French investment firm specialising in the hospitality sector, with a focus on the economy, midscale and upscale segments across Europe. Founded in 2012 as an independent management company, EXTENDAM supports both private and institutional investors in financing current and future hotel operators. With nearly 250 transactions completed over the past fifteen years, EXTENDAM’s portfolio comprises more than 391 hotels in France and across Europe, representing over €4.8 billion in gross asset value as of June 2025.

Pestana Hotel Group:

With over five decades of success, the Pestana Hotel Group manages more than 100 hotels in Portugal and abroad, dedicated to providing 3.5 million guests annually with 'The Time of Your Life.'

Operating in 16 countries, it offers more than 12.000 rooms across Europe, Africa, and America, making it the largest multinational hotel group of Portuguese origin.

In hospitality, its core business, it operates through four brands: Pestana Hotels & Resorts, Pestana Collection Hotels, Pestana Pousadas de Portugal, and Pestana CR7 Lifestyle Hotels.

With the goal of offering complete and more attractive products, the Group also operates in other business areas: hospitality, tourist real estate, timeshare, golf, casinos, and industry.

Enter the Pestana universe and learn more at www.pestana.com

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Fund manager

Schroders Greencoat LLP

London, United Kingdom

Schroders Greencoat is a specialist investment manager dedicated to renewable infrastructure, with over £8.5 billion under management. We aim to provide strong risk-adjusted returns for our investors, while also delivering positive environmental outcomes. Founded in 2009, Schroders Greencoat has built a reputation for unwavering delivery of our investment propositions, as well as for innovation – our offerings have become the model for an entire industry sector. Our investments span the globe, with local expertise in the Europe, the UK and the US, and are managed across a range of publicly listed vehicles*, private market pooled funds, co-investment vehicles and Separate Managed Accounts. Renewable infrastructure is a multi-trillion dollar global sector that will grow by more than $100 billion a year over the next decade. Utilities, energy companies and infrastructure developers will build out the majority of this transition, but the scale of capital involved will require significant private financing. There exists a very large and growing pool of capital which is keen to own and operate these assets, but lacks the inhouse technical skills and sector expertise to manage the investments independently. Our purpose is to bridge this gap, by acting as a solution provider for investors, and providing the partnership, financial, technical and operational expertise to deliver secure incomes for our clients. Acquired by Schroders plc in 2022, Schroders Greencoat is the fourth pillar of the group's private markets investment business, Schroders Capital. Schroders Capital through Schroders Greencoat has the ambition to become a global leader in infrastructure and the alternative investment industry more broadly. * Schroders Greencoat is the investment manager for two listed vehicles, Greencoat UK Wind PLC and Greencoat Renewables PLC.

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