Barclays has provided Edmond de Rothschild Real Estate Investment Management with a five-year, £42.25m development loan to assist with a build to rent (BTR) scheme in Birmingham’s LGBTQ+ Quarter

The 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 LGBTQ+ Quarter.

The development of 406 units, known as the Kent Street Baths, will consist of 1 and 2 bedroom apartments with a residents’ lounge and hub, wellness gardens, gym, concierge co-working and work from home space.