GB Group has collaborated with Marick Real Estate and two private shareholders to receive financing for constructing a 190-bed Hampton by Hilton hotel in London’s Royal Albert Dock.
GB London Dockside has secured private sector funding, including £20m from Topland, for the project.
GB Group director of hotels Brandon Riley said: "This is an exciting development in one of the capital’s prime regeneration locations, and we’re delighted to be working once again with Hilton Worldwide.
"The team has worked hard to deliver this scheme in an area that looks set to become one of the most sought after locations in London. We look forward to working closely with all our partners to create a world-class hotel for business and leisure travellers."
In 2013, GB Group secured a mix of public and private sector funding for the £32m Hilton Leeds Arena, currently under construction by GB Building Solutions, and due for completion in 2015.
GB retains ownership of the Leeds hotel, which is directly next to Leeds Metropolitan University’s Rose Bowl conferencing facility, and just 300m from the 13,500-capacity Leeds Arena.
Image: Hampton by Hilton hotel is to open in London. Photo: courtesy of The GB Group.