Funding package to support major city centre apartment scheme
A major city centre apartment scheme in Birmingham has secured a new finance package worth almost £18m.
Lloyds Bank Commercial Banking has provided a three-year, £17.8m development facility to real estate investment company Aprirose to help forward fund the construction and purchase of the 22-storey Left Bank scheme on Broad Street.
The private rented sector (PRS) scheme, which is being developed by Regal Property Group, will deliver more than 200 luxury apartments.
The development is the first... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
