GDV
€51.24m
Units
313
Deal Duration
18 months
Build Type
self build
Fabrick Square, Birmingham
Maslow Capital was delighted to support the developer of this site. The site hosted 315 residential units, a retail space and car parking in the heart of Birmingham. The majority of the units were pre-sold on terms that allowed the borrower to utilise the deposits as equity in the deal.
Birmingham has seen unrivalled investments since 2007, with over €1.2 billion allocated across schemes covering infrastructure, city park developments and public facilities, including the High-Speed Rail 2 development. This is supported by Birmingham being used as a base for previously London-centric companies, such as HSBC announcing the move of their UK retail bank to the city.