New £68.7m funding deal agreed for Birmingham student flats
2025-04-29 21:21:48
A huge student accommodation project due for completion in Birmingham next year has been boosted by a new funding deal.
LaSalle Investment Management has agreed a £68.7 million loan deal with developer and operator Vita Group for its project in Gough Street near the city's landmark Mailbox scheme.
The building will house 540 beds and be run by the Cheshire-based group once completed.
It will cover 105,000 sq ft across two blocks of ten and 29 storeys and contain private dining rooms, a hub for socialising and study, a gym, outdoor basketball court and terraces.
