Le 31.07.24
EXTENDAM, SOHOMA International and 123 IM join forces to acquire a hotel in Bruges

EXTENDAM, in collaboration with SOHOMA International and 123 Investment Managers, recently acquired Navarra Hotel in Bruges. This 4-star establishment, featuring 94 rooms and remarkable heritage, is ideally located in the historic center of the city, often referred to as the Venice of the North.

 

Renovation work is planned for 2025 to enhance the visitor experience while preserving the authentic charm of this fourth acquisition for EXTENDAM in Belgium.

 

Matthieu de Lauzon, EXTENDAM, explained: “This new acquisition, with our partners SOHOMA and 123 IM, completes our hotel portfolio in Belgium. It is our fourth acquisition in this European country, and new operations are under consideration. This establishment charmed us with its unique heritage character and premium positioning within the city of Bruges. Close to the French and Dutch borders, the Venice of the North indeed has an ideal location, just 1 hour from Brussels, 2 hours and 20 minutes from Paris, and 2 hours and 50 minutes from Amsterdam or London. This fourth employment zone of Flanders also has direct access to the port of Zeebrugge, providing a major economic and tourist advantage“.

 

EXTENDAM thus continues to build a very strong hotel portfolio in Europe.

 

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