The mixed -use development site in Birmingham hits the market – be news

Sama Investment Group has launched a mixed -use website in Birmingham with a GDV of £ 50 million+ on the market.

The Birmingham -based developer and investor is looking for offers over £ 7,525 million for the site 0.31 acres, located on Pernshore Street in the Chinese neighborhood of the city.

The free plot agrees to plan 301 separate PBSA units on 15 floors, with municipal spaces and commercial units of the land and the first floors.

Bilal Ahmed, founder and chairman of Sama Investment Group, said: “We are proud that we are a specialist in breathing a new life at Brownfield Real Estate in the UK regions, creating long -term value for investors and communities.

“We have carefully selected Pershore Street to provide a return on our customers and investors to the market, and we provide strong interest given the rarity of planning permits provided in this area. It offers the opportunity to cover market demand, with plans for the scheme also supporting and maintaining the identity of the surrounding area. “

Andrew Screen, a housing capital market leader at BNP Paribas Real Estate, which has been launched to market the opportunity, added: “Investing in downtown Birmingham and PBSA offers a convincing case to developers and investors who want to provide strong rates of employment and persistent rental growth. The wider area has undergone significant development, with Pershore Street offering the chance to provide a well -placed game development and play site, with an immediate start in an attractive place, adjacent to large universities, a rich cultural scene and supported by excellent transport links.

“The student sector continues to demonstrate its counter -trimming proposal with demographic engines and supply problems that continue to manage the activity. We are currently seeing a high demand for PBSA investors in city centers that contain Russell Group and/or STEM universities and expect major PBSA investments in 2025. “