Multi-million pound land deal paves the way for 500-home development site
Galliard Homes and Apsley House Capital has completed a second site acquisition in Birmingham’s Jewellery Quarter, where it plans a 500-home development.
The joint venture partners have bought the long leasehold on a four-acre site on Summer Hill Road from British Airways Pension Fund in a deal backed by £9.4m from OakNorth bank.
The freehold of the site has also been acquired.
Robin Norstrom, a director at Apsley House Capital, said: “The site is a significant gateway into the Jewellery Quarter and our second here follo... 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...
