BAE schemes team up with Schroders to acquire Sofitel at Gatwick

James Phillips
clock • 1 min read

A joint venture between the BAE pension funds and Immobilien Europa Direkt has acquired the Sofitel at Gatwick North Terminal with the help of Schroders.

The investment is designed to fit with the BAE schemes' risk averse investment strategy, while delivering long-term income. It is the ninth hotel acquisition transacted by Schroder Real Estate a...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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