Schroders Capital completed the acquisition of Hotel NH Collection Milano CityLife from Invesco Real Estate.

Schroders Capital, a private equity firm, completed the acquisition of Hotel NH Collection Milano CityLife, a hotel, from Invesco Real Estate, a real estate investment firm. Financial terms were not disclosed. “We continue to invest in high-quality hotels in key European markets with high barriers to entry and proven demand. This is our third hotel in Italy, alongside The Westin Milan and the St. Regis in Venice, as well as the third property for the Schroders Capital European Leased Hotel Fund, which focuses on leases linked to the hotel’s operational performance. We look forward to working with NH Hotels Group on this exciting property.” Thibaut Leonard, Schroders Capital Co-Head of Investments, Hotels.