JMK Group, the UK- and Ireland-based hotel developer, owner, and operator, has acquired Peninsular House at 30–36 Monument Street in the City of London, comprising a current gross internal area (GIA) of 122,733 sq ft, with plans to redevelop the site into a luxury hotel, subject to planning and statutory approvals.
The acquisition aligns with the group’s strategy of investing in prime, supply-constrained central London locations and repositioning underutilized assets into design-led hospitality destinations. The City of London continues to benefit from strong corporate demand, a growing residential base, and increasing appeal to international travelers.
Located near Monument and Bank stations, and within walking distance of St Paul’s Cathedral, Borough Market, and London Bridge, the site is well positioned for a luxury hotel offering high-quality accommodation and curated public spaces.
ESG and Sustainability will be a key focus, with an emphasis on adaptive reuse and improved environmental performance.
Zain Kajani, Director at JMK Group, said:
“Peninsular House presents an excellent opportunity to deliver a high-quality, experience-led luxury hotel in the heart of the City, underpinned by a responsible development approach.”