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
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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
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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
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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
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Sovereign Square – Hyatt – Construction Update
The facades are now revealed at our Hyatt Hotel Development in all their glory, and landscaping work is well underway at Sovereign Square as we approach completion. Behind the scenes, the interiors and rooftop bar fit out are shaping up beautifully. Watch this space for further updates as we approach completion.
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Lisbon Street – Phase Two – Build to Rent Site Purchased
Marrico Asset Management and JV partner Helios Real Estate has purchased the site for the £200m second phase of the former Leeds International Pool site. The second phase is set to comprise 578 build-to-rent units across two towers of 21 and 32 storeys, with associated gym, residents lounge and communal areas. Work on site is
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Sovereign Square – Hyatt – Construction Update
Great to see the fantastic progress being made by GMI Construction on our Hyatt House/ Hyatt Place Development at Sovereign Square, Leeds. The frame is almost complete to the 305 bed hotel with 12th floor roof top bar. We are on programme to open in Summer 2024.
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