London—Dentons has advised investment management firm Harrison Street on its development joint venture with Cortland for a 440-unit build-to-rent (BTR) property in Birmingham, England.

The project, which is expected to complete in 2024, will be comprised of a 35-storey tower and a low-rise six-storey apartment block, offering 440 one- and two-bedroom apartments with more than 12,000 sq ft of amenity space, including a gym, cinema room, co-working space, resident lounges, private dining area, bouldering wall and roof terrace.

Dentons previously advised Harrison Street on their first UK development joint venture with Cortland, a 367 unit BTR property in Watford, in July 2020.

The Dentons team was led by Corporate Partner Jonathan Cantor supported by Vijan Ghedia, Michael Snook and Elijah Smith (Corporate); Simon Tweedle and James Ingham (Banking and Finance); Deepa Deb, Laura Gowing and David Stokes (Real Estate); Paul Young and Alec Cameron (Construction); and Lucy McDonnell (Planning).

Jonathan Cantor commented "We are delighted to have advised our long standing client Harrison Street on another development joint venture. This transaction further demonstrates the resilience of the BTR sector which continues to attract interest from leading investors".

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