Saco Property Group has acquired a site in London and has published plans to develop another Locke aparthotel.
The site in Tower Bridge Road is located in Southwark.
The new aparthotel will be named: Bermonds Locke, after the original spelling for Bermondsey, meaning “dry ground in a marsh”.
Bermonds Locke will have 142 bedrooms, comprising 99 studios and 43 one-bedroom apartments.
It will also have an all-day restaurant with outdoor seating, a coffee shop, cocktail bar, co-working facilities, two meeting rooms and a gym.
Bermonds Locke is due to open in Spring 2020.
Locke Aparthotels already have a presence in London and Edinburgh - with Whitworth Locke opening in Manchester in November. New sites are due to open elsewhere in London and Cambridge plus major cities in Europe between now and 2021.