The company behind The Island Quarter regeneration project has secured facilities of up to £47.5m to support the Nottingham development.
The Conygar Investment Company has entered into an agreement with Barclays comprising a development facility and an investment facility.
Funds will enable the completion, targeted by the summer of 2024, and subsequent letting of the 693-bed student accommodation development at The Island Quarter site.
Conygar Investment Company PLC (LON:CIC) is an AIM quoted property investment and development group dealing primarily in UK property.