City ID London Victoria
London’s calling: City ID set to positionitself on the international map
Scheduled for 2024116 RoomsHotel website
City ID, the fast-growing Dutch apartment hotel group, with shareholders APG and Australia's Aware Super, has acquired a prime development site in Central London's Victoria district to build a new location for their brand in the heart of London. The move forms are part of a wider acquisition strategy which will see City ID invest more than € 1 billion over the next five years to increase its apartment hotel portfolio in London and across other major European cities.
Vibrant Victoria
The new property will be centrally located, only a 5-minute walk from Victoria Station. The location is an ideal base for locals and travellers - whether they are staying for business or pleasure. The project will collaborate with local design teams, suppliers and construction companies to create incredible spaces inspired by the surrounding environment, contributing to Victoria's transformation. The hotel will create hybrid spaces for guests, foodies, local residents and neighbouring business workers. The entire project shares City ID's values for sustainability and well-being.
The property will feature 116 generous apartments (studios, 1 bedroom and 2 bedrooms), a flexible workspace, a seasonal restaurant and bar with low volume consious supplies, as well as a gym and wellness areas. The property is expected to open its doors in 2024.
About City ID
City ID is a fast growing, award-winning and customer centric apartment hotel group, aiming to optimize the many touchpoints that result in an optimal stay. Our apartment hotels offer fully equipped design apartmentswith the benefits of hotel services and amenities such asbeautifully designed gym & wellness areas, restaurants serving seasonal food and in room service. The hotels are suited for business and leisure travellers looking for longer or shorter stays. A key focus for all hotel buildings is the incorporation of innovative sustainability solutions at every guest touchpoint.
Together with shareholders APG (known as the largest pensionprovider in the Netherlands) and Aware Super (one of Australia's largest pension funds), we are implementing our strategy of international growth. We share the same long-term vision and passion to create a distinctive hotel platform where the guest experience is central. The goal is to invest over the next five years more than € 1 billion to grow its apartment hotel portfolio. City ID is a fully integrated owner-operator and can acquire development sites and turnkey deliveries. Target developments include new builds, (office) conversions, mixed-use schemesand existing hotel conversions of 4.000 to 20.000 square metres in prime European capital city locations.
City ID secured a financing package from HSBC UK.