QuadReal Property Group (“QuadReal”) a global real estate investment, operating and development company, and Realstar, a Canadian real estate investment and management company today announce that they have acquired Allegro, the Build to Rent (BTR) scheme located within One Exchange Square in Birmingham.
The property has been acquired as a joint venture. The 345,662 square feet scheme comprises 603 units across three buildings connected by a large central garden podium. Additionally, the development features ground-floor retail and leisure space and a wide array of amenities including a gym, co-working areas, roof terrace and 150 car parking spaces.
One Exchange Square is in a prime central location in Birmingham, close to transport hubs, employment zones, university campuses and a wide range of retail, amenity and F&B offerings.
Source: quadreal.com on the 20th of January 2025
https://www.quadreal.com/quadreal-and-realstar-acquire-birmingham-build-to-rent-development/