Once developped, the site located on Smallbrook Queensway in central Birmingham, will comprise of three BTR towers which will deliver a total of 1,635 apartments.
The development is targeting a BREEAM Excellent rating, while incorporate an all-electric approach using solar panels, insulated materials, and energy-efficient ventilation.
This marks the second transaction between Leumi UK and CEG.
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Commenting on the deal, Chris Stallard, relationship director at Leumi UK, said: “We’re thrilled to work with CEG again, a highly respected organisation with a long history of delivering high performing schemes across a broad range of sectors.
“This development is ideally located in central Birmingham and will play an important role in providing meaningful supplies of new homes that the city urgently needs.”
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