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Grainger completes Birmingham BTR buy

Grainger has completed its acquisition of Nikal’s Exchange Square in Birmingham, some 18 months after it agreed the £77m deal.

The 375-home build-to-rent development at Exchange Square 2 neighbours LaSalle’s Allegro, comprising 603 flats in the first phase of Exchange Square.

Nikal’s £350m development is located opposite HS2 Curzon Birmingham.

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