{"id":365707,"date":"2025-08-22T22:17:20","date_gmt":"2025-08-22T22:17:20","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/365707\/"},"modified":"2025-08-22T22:17:20","modified_gmt":"2025-08-22T22:17:20","slug":"lg-completes-purchase-of-dual-branded-hyatt-hotel-in-leeds","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/365707\/","title":{"rendered":"L&#038;G completes purchase of dual-branded Hyatt hotel in Leeds"},"content":{"rendered":"<p>Reading Time:   minute<\/p>\n<p><b>UK: <a href=\"https:\/\/www.legalandgeneral.com\" target=\"_blank\" rel=\"noopener\">Legal &amp; General<\/a> has completed the acquisition of the 305-bed dual-branded Hyatt Place &amp; Hyatt House Leeds for its Managed Property Fund.<\/b><b\/><\/p>\n<p>The 12-storey property is located on Sovereign Street and opened in March 2025. The project is a joint venture between Marrico LLP and Helios for UK Commercial Property REIT (UKCM) and Hyatt.<\/p>\n<p>Rooms are split between the short stay <a href=\"https:\/\/servicedapartmentnews.com\/?s=Hyatt+Place\" target=\"_blank\" rel=\"noopener\">Hyatt Place<\/a> (217 rooms) and the long stay <a href=\"https:\/\/servicedapartmentnews.com\/?s=Hyatt+House\" target=\"_blank\" rel=\"noopener\">Hyatt House<\/a> (88 apartments), with shared amenities including two F&amp;B venues and four meeting spaces.\u00a0Designed by DLA Architects and Studio Two, the property is also BREEAM certified and fully electric.<\/p>\n<p><a href=\"https:\/\/servicedapartmentnews.com\/?s=Aimbridge\" target=\"_blank\" rel=\"noopener\">Aimbridge<\/a> operates the property under a 25-year franchise with Hyatt, with Peter Dodd as general manager.<\/p>\n<p>Kerr Young and Michael Todd from JLL\u2019s capital markets team advised L&amp;G on the purchase.\u00a0<\/p>\n<p>Highlights:<\/p>\n<p>\u2022 L&amp;G has completed the purchase of the 305-room Hyatt Place &amp; Hyatt House Leeds for its Managed Property Fund.<\/p>\n<p>\u2022 The property opened in March 2025 as a joint venture between Marrico LLP, Helios, UKCM, and Hyatt.<\/p>\n<p>\u2022 It features a mix of 217 Hyatt Place rooms and 88 Hyatt House apartments.<\/p>\n<p>\u2022 Amenities include two restaurants and four meeting rooms.\u00a0<\/p>\n<p>\u2022 It is operated by Aimbridge under a 25-year franchise.<\/p>\n","protected":false},"excerpt":{"rendered":"Reading Time: minute UK: Legal &amp; General has completed the acquisition of the 305-bed dual-branded Hyatt Place &amp;&hellip;\n","protected":false},"author":2,"featured_media":365708,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8814],"tags":[128146,128148,748,128141,393,4884,56014,128145,106227,128149,1860,32323,25219,128143,128140,128147,128142,16,128144,15],"class_list":{"0":"post-365707","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-leeds","8":"tag-aimbridge-hospitality","9":"tag-breeam","10":"tag-britain","11":"tag-dla-architects","12":"tag-england","13":"tag-great-britain","14":"tag-helios","15":"tag-hyatt-place-hyatt-house-leeds","16":"tag-jll","17":"tag-kerr-young","18":"tag-leeds","19":"tag-legal-general","20":"tag-lg","21":"tag-marrico-llp","22":"tag-michael-todd","23":"tag-peter-dodd","24":"tag-studio-two","25":"tag-uk","26":"tag-uk-commercial-property-reit","27":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115074737439913765","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/365707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=365707"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/365707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/365708"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=365707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=365707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=365707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}