BNP Paribas Real Estate to secure funding partner for €232m BTR Birmingham tower

BNP Paribas Real Estate have been instructed on behalf of Regal Property Group to secure a build-to-rent forward-funding investor for 90–97 Broad St. in Birmingham, England, which will have a gross development value of £200 million (€232 million/$255 million).

90–97 Broad St., located in the Westside area of the city, close to Brindley place, is a 47-story, 525 apartment project totaling 43,709 square meters (470,480 square feet) and comprising one- and two-bedroom high-specification apartments. Amenities include co-working, gym and yoga, cinema, private dining, park, events room, arcade games room, nursery/crèche, and sky lounge. 90-97 Broad Street is located adjacent to the new Metro stop directly outside of the site, with the Five Ways rail station less than a 10-minute walk allowing convenien