Citygrove Completes €82.5M German Hotel Refinancing

Proud to share our latest milestone – Citygrove has completed an €82.5 million refinancing of three hotels in Germany, strengthening our presence in the market.

With a strong track record in hospitality, we’re building on solid partnerships as we pursue new opportunities in hotels and student housing.

Thanks to everyone who contributed to closing this deal.

Read more in Green Street News: https://lnkd.in/gHvnRsEF

Bridges and Citygrove agree £85m deal for Nine Elms hotel project

Citygrove and Bridges Fund Management have acquired a consented hotel site in Nine Elms from Staycity Group. 

Staycity has agreed a leaseback for its premium Wilde aparthotel brand, and plans are underway for a 185-room hotel in Vauxhall. Located near the US Embassy and transport hubs, the hotel aims to meet demand from tourists and business travellers, in line with London’s status as a leading global city. 

It is the first deal for the new Bridges–Citygrove partnership, which focuses on sustainable real estate in prime urban areas. Citygrove will develop the scheme over the next two years. 

For more, see Green Street News or contact Tom Fuller or Archie Sparks.

https://greenstreetnews.com/article/bridges-and-citygrove-strike-deal-for-85m-nine-elms-hotel-project

Completion of 220-bed Premier Inn Hotel in Hannover

Hannover-Premier-Inn-Hotel-Germany

We are proud to announce the opening of a new Premier Inn in Hannover. 

The hotel offers modern, high-quality rooms that meet Premier Inn’s standards, delivering exceptional value, consistency, and comfort to guests. 

With a BREEAM Excellent rating, the hotel features comfortable guest rooms and up-to-date facilities in a prime central spot, giving a boost to Hannover’s tourism and business scene.

Blackfriars Road acquisition agreed

Staycity Group, in partnership with Citygrove, is pleased to announce the acquisition of 202–208 Blackfriars Road, Southwark, which will become a flagship development in central London.

The project features a 25-storey Wilde Aparthotel with 350 modern studios and one-bedroom apartments, all with fully equipped kitchens. Guests can enjoy amenities like a 24-hour reception, lounge, bar, café, gym, and more, catering to both business and leisure travellers.

Citygrove will oversee the planning and construction programme, with completion expected in 2030. Wilde Southwark will strengthen Staycity’s presence in this vibrant part of the capital.

This is the second collaboration between Staycity and Citygrove, following the successful acquisition of Wyvil Court in 2024, and it showcases our commitment to high-quality hospitality developments.

For further information, please contact Tom Fuller or Archie Sparks.

Demolition completed at 10 Wyvil Road, Vauxhall

The demolition of the building at 10 Wyvil Road is complete, marking an important step in redeveloping the site.

Greater London Demolition began the demolition in June 2025 and successfully completed this week. Careful planning, including timing the demolition during the summer holidays to avoid disrupting the nearby school, was highly appreciated by local officials.

Ben Robinson, Construction Director at Citygrove, stated, “The safe and well-executed demolition allows us to proceed with a project that will benefit the local community.”

The demolition followed strict safety and environmental standards, and the team sorted materials for recycling to minimise waste. Construction of the 185-bed hotel is set to begin in summer 2026, and we expect it to be completed by early 2028.

A green light for Wyvil Court!

Staycity and Citygrove have secured planning permission for a 185-room Wilde Aparthotel at Wyvil Court in the heart of Vauxhall. This exciting development will include a 185-room premium Wilde Aparthotel, a co-working café and pantry shop, perfect for locals and visitors alike.

The decision signifies a significant milestone for both companies and reflects a substantial investment in Lambeth’s hospitality and tourism sector.

Designed by EPR Architects, the hotel will blend modern design with neighbourhood charm and create around 140 jobs for the community.

Tom Fuller, Development Director of Citygrove, shared his enthusiasm: “We’re delighted to have resolution to grant at Wyvil Court. Our design respects the surroundings while embracing sustainability, contributing to the revitalisation of Vauxhall and Nine Elms.”

Construction is set to begin in summer 2026, with the hotel opening in early 2028, bringing fresh energy to the area.

Planning Approval for £85m West Drayton Regeneration Project

We are excited to announce that Citygrove has received unanimous planning consent from the London Borough of Hillingdon for our £85 million redevelopment of the former Morrisons Foodstore in West Drayton. This mixed-use scheme will include 158 new homes, with 10% designated as affordable housing, along with a ground-floor food store.

Located on Yiewsley High Street near the Grand Union Canal, residents will enjoy just a three-minute walk to West Drayton Crossrail station, offering quick access to Central London in under 20 minutes.

Citygrove has also acquired Morrisons’ interest in the site, allowing us to proceed independently. This regeneration project aims to address the housing needs in London and invigorate the High Street, attracting new residents and businesses.

With planning consent secured, we are actively exploring options to advance this initiative and look forward to its positive impact on West Drayton.

Das Wilde Aparthotel in Vauxhall ist in Planung

Staycity und Citygrove haben beim Stadtrat von Lambeth einen detaillierten Bauantrag für ein neues Premium Wilde Hotel mit 185 Zimmern in der Wyvil Road 10 in Vauxhall eingereicht.

Das künftige Projekt wird ein Co-Working-Café und einen Lebensmittelladen umfassen, dessen architektonische Elemente sich in die Umgebung einfügen und auf Nachhaltigkeit ausgerichtet sind.

Das Projekt wird voraussichtlich 100 Arbeitsplätze im Bau und 40 Dauerarbeitsplätze schaffen. 

Wenn die Genehmigung erteilt wird, soll der Bau im Sommer 2026 beginnen und das Hotel Anfang 2028 eröffnet werden.

Lambeth: Das war's dann wohl

HG Construction hat die Arbeiten auf der Baustelle für unser Lambeth-Projekt abgeschlossen, bei dem ein 13-stöckiges Premier Inn Hotel mit 137 Zimmern entsteht. Das Hotel umfasst Premier-Plus-Zimmer, die einen atemberaubenden Blick auf London bieten.

Neben dem Hotel umfasst das Projekt auch eine moderne Kirche für die Methodistenkirche Lambeth Walk. Diese Einrichtung umfasst einen Gottesdienstraum, Gemeinschaftsräume mit Terrassengärten, zwei Wohnungen und ein Café. Beide Gebäude haben den Status BREEAM Excellent für Nachhaltigkeit erreicht.

Das Hotel empfängt nun Gäste, während die Kirche im März ihre Türen öffnen wird, um den Geist der Gemeinschaft fortzusetzen.

Eine Partnerschaft mit der Staycity-Gruppe in Vauxhall

Citygrove und die Staycity Group haben sich zusammengetan, um in das pulsierende Viertel von Vauxhall zu investieren. Die Staycity Group hat Wyvil Court erworben, ein 2.200 m² großes, leerstehendes Bürogebäude in Nine Elms.

Citygrove wird den Planungs- und Entwicklungsprozess des Standorts als Entwicklungsmanager begleiten.

Für weitere Informationen wenden Sie sich bitte an Tom Fuller.