Forward Funding Secured for new Hotel in Leeds

Marrico, in joint venture with Helios Real Estate, has secured £46 million of forward funding from Aberdeen Investments for the delivery of a new room2 hometel in Leeds city centre. The scheme, located on the former Leeds International Swimming Pool site, forms the third phase of the wider Lisbon Street regeneration in the West End

L&G Acquires Hyatt Place & Hyatt House Leeds

Legal & General has completed the acquisition of the 305-room Hyatt Place & Hyatt House Leeds for its Managed Property Fund. The dual-branded hotel, delivered by Marrico Asset Management alongside JV partner Helios Real Estate, opened in March 2025 and forms a key part of the Sovereign Square regeneration. Comprising a mix of short- and

Azotea Rooftop Bar & Restaurant Opens at Hyatt Place & Hyatt House Leeds

Azotea Rooftop Bar & Restaurant, located at the top of the Hyatt Place & Hyatt House Leeds development, has officially opened, introducing a new destination rooftop venue to the city. Offering panoramic views across Leeds City Centre, Azotea brings a vibrant Latin American-inspired concept to the city’s hospitality scene, combining high-quality dining with a lively

Project Completion Announcement – Marrico

We are pleased to announce the successful completion of this landmark development in Leeds City Centre. The site, acquired from Leeds City Council under a development agreement, was formally purchased in May 2022. Planning permission was subsequently secured for a 14-storey, 305-room Hyatt Place & Hyatt House hotel. The scheme includes a ground-floor restaurant and

marrico team

Ground Breaking Ceremony – Sovereign Square Hyatt Hotel

GMI Construction Group has started work on the last piece in the jigsaw of the prestigious Sovereign Square development in Leeds. The high-profile project comprises a 12-storey high, 305 room hotel on the last remaining plot within the flagship development site. GMI is principal construction contractor, having been appointed by the Marrico LLP and Helios

Sovereign Square Marrico Project

Funding Deal Agreed For £63M Hotel

Funding Deal Agreed For £63M Hotel A funding deal has been agreed to bring forward a £62.7m hotel on a prominent site adjacent to the railway station in Leeds city centre. Marrico Asset Management and Helios Real Estate have signed a forward funding deal with UK Commercial Property REIT Ltd to build a 305-bed hotel

Lisbon St, Leeds Marrico

US multifamily giant commits to £300m project

US multifamily giant commits to £300m project Work will start this summer on a £300m mixed-use scheme to transform the former International Swimming Pool site in Leeds. Development partners Marrico Asset Management and Helios Real Estate have brought forward the scheme’s start date to July after striking a deal with a US private rental operator

Planning approved for Lisbon Street £300m development

Planning approved for Lisbon Street £300m development Development partners Marrico Asset Management and Helios Real Estate have secured full planning consent by Leeds City Council on their 2.8-acre, £300m development proposal to transform the former International Swimming Pool site at Lisbon Street in Leeds city centre. Plans for Lisbon Street include two Build to Rent

Green Light for 13-Storey Leeds Hotel

Green Light for 13-Storey Leeds Hotel Plans for a 14-storey hotel on a development site in Leeds city centre have been given the green light. Marrico Asset Management submitted an application to Leeds City Council last year for development at Sovereign Square. The proposal covers the construction of a new 14‐storey building for hotel accommodation