News
Geordie Developer Amasses £250M Brum BTR Portfolio
24 August 2018
High Street Group's Holloway Head site
Newcastle-based High Street Residential has bought the former Kent Street Baths site in Birmingham, and a second site close to the Mailbox, as it takes its BTR commitment to more than £250M.
The latest buys follow the High Street Group's £50M Moseley Street, Digbeth development of 220 flats. The £120M Holloway Head site will deliver 500 apartments, whilst the 98-unit Kent Baths project is valued at £19M, Construction Index reports.
The aggregate gross development value of these initiatives is £359M and they will create 1,729 private rented sector apartments, Construction Index said.
In April High Street Group launched a £300M build-to-rent development programme in the city.
