Liverpool developer Iliad secures £38m finance for Birmingham student scheme

Liverpool developer Iliad has secured millions of pounds in debt funding to complete a £38m student accommodation scheme in the Midlands.

The Liverpool-based team of Barclays Corporate are providing the senior debt finance to Iliad for the 656-bed project in Bagot Street, in Birmingham.

The development is close to Aston University and is a joint venture between Iliad and Cosmopolitan Student Homes (CSH), a subsidiary of Cosmopolitan Housing Association …

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