£85m Wilde aparthotel to open in London’s Nine Elms in 2028

Plans have been confirmed for an £85m, 185-room Wilde aparthotel in London’s Nine Elms, with an opening date slated for 2028.

Aparthotel operator Staycity Group completed on the sale, development and leaseback transaction with Bridges Fund Management and Citygrove that will see construction start from summer 2026.

Staycity secured full planning permission for the development from Lambeth Council in November and has agreed to a 30-year lease to operate the hotel.

The property will feature a reception, bar, co-working space, café, pantry and artisan shop as well as onsite solar PV (panels), air source heat pumps and green roofing.

Barry Hickey, managing director of Staycity’s real estate arm, said: “This is one of the very few hotel development transactions in London of scale in 2026, and testament to the investment confidence in Staycity Group. It has been a pleasure to complete our first transaction with Bridges Fund Management and we look forward to others in the future.”

Adam Amijee, investment manager at Bridges Fund Management, added: “We’re delighted to be partnering with Citygrove to regenerate this derelict office building and bring it back into economic use – drawing on our extensive experience of sustainable development to deliver measurable reductions in embodied and operational carbon.”

Bridges Fund Management is a specialist fund manager focused on sustainable and impact investing.

Addleshaw Goddard acted for Staycity in this transaction, while Taylor Wessing and JLL acted for Bridges.

Dublin-based Staycity Group was founded in 2004 by chief executive and co-founder Tom Walsh and operates 39 aparthotels across 20 cities under the Staycity Aparthotels and Wilde brands.

Wilde locations include Berlin, Cambridge, Edinburgh, Lisbon, London, Manchester and Vienna.