Finance

Edmond de Rothschild secures £42.25m loan for Birmingham BTR scheme

By 2023-01-09T10:28:00

Edmond de Rothschild

Edmond de Rothschild Real Estate Investment Management has secured a five-year, £42.25m development loan from Barclays to support its construction of a 406-unit build to rent (BTR) scheme in Birmingham’s Gay Village.

The development, known as Kent Street Baths, will be a mix of one- and two-bedroom apartments and will include a concierge, gym, residents’ lounge and hub, wellness gardens, and co-working and “work from home space”.

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