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Discovery Quay 2, Salford

development Loan

£46.6m development loan is London Wall’s second financing to Bricks Group. The new student accommodation scheme contains 457 bedrooms over 15-storeys with a wide range of amenities including a cinema room, onsite gym and fitness studio, and a garden.

  • Location: King William Street, Salford
  • Loan Amount: £46.6m
  • Type: Development Loan
  • Term: 21 months
  • LTGDV: 69.8%

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Related development Loan Projects
PBSA, Nottingham
London Wall has provided a £84.5m loan for a purchase of the land and construction of the 13 storeys purpose-built student accommodation for 752 en-suite bedrooms with high-end specification in Nottingham. The scheme is due to be complete in September 2025.
Michigan Towers, Salford
London Wall has provided £69m loan for the ground up development of 394 residential units over 34 floors tower with amenities and commercial units in Salford. The scheme is due to complete in October 2026.
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