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UK: Zedwell Hotels has acquired New London House on Fenchurch Street in the City of London, with plans to transform the building into a 509-room hotel.
Zedwell will be developing the property through a retrofit-first approach. By retaining and repurposing the existing building, the construction aims to reduce embodied carbon and limit waste.
It will transform the building into a 509-room hotel. The project brings the brand’s sleep-led, eco-conscious hospitality concept to the City of London, while demonstrating how adaptive reuse can be combined with sustainability.
“New London House is a milestone acquisition and an important step in Zedwell’s growth,” said Vaqua Farooq, CEO of Criterion Capital, the company that owns Zedwell Hotels. “Conversions are fundamentally greener: by working with what already exists, we can significantly reduce embodied carbon and construction waste while breathing new life into landmark buildings.”
Farooq added: “Transforming New London House into a 509-room Zedwell hotel demonstrates that ambitious hospitality growth and environmental responsibility can go hand in hand. This investment reflects our continued confidence in London and our ambition to grow Zedwell sustainably across the capital’s most important locations.”
The acquisition forms part of Zedwell’s wider strategy to grow across London and other major UK cities.
Highlights:
- Zedwell Hotels has acquired New London House on Fenchurch Street in the City of London, marking another step in the brand’s expansion across the capital.
- The company plans to convert the existing building into a 509-room hotel, bringing Zedwell’s sleep-led, eco-conscious hospitality concept to the City of London.
- The redevelopment will follow a retrofit-first approach, retaining and repurposing the existing structure to reduce embodied carbon, minimise construction waste and support more sustainable urban development.
- Owned by Criterion Capital, Zedwell Hotels aims to continue expanding across London and other major UK cities.
