New Hampton by Hilton set for London after £20m Topland deal

09 October 2014 by
New Hampton by Hilton set for London after £20m Topland deal

A new Hampton by Hilton hotel in London's Docklands is set to be developed after a £20m finance facility was provided to Marick Real Estate by private investment group Topland.

The 190-bedroom property will be positioned between ExCel exhibition centre and City Airport, and will be part of a new leisure quarter with two other hotels, including an already-open 131-bedroom Travelodge, and a soon-to-be-built four-star site.

Topland structured finance manager Edward Matthews said: "The fundamentals of this deal were particularly sound. Marick is a very experienced real estate player and this location makes great sense."

Topland, which now has a portfolio of 30 directly-owned hotels, has committed to deploy £200m to the hotel development sector, and the company's executive chairman Sol Zakay today confirmed that Topland has ambitious plans to expand.

In April this year it announced the renovation of Bath's Royal Crescent Hotel & Spa, following its acquisition two years earlier, while in July it was reported that Topland had acquired eight Hallmark hotels in a £75m deal.

Bath's Royal Crescent Hotel completes multimillion-pound new-look >>

Topland acquires Hallmark hotels in £75m deal >>

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking