Allegro Finalizes Sale of Birmingham Build-to-Rent Scheme
Deal News | Feb 04, 2025 | Bryan Cave Leighton Paisner LLP

Bryan Cave Leighton Paisner LLP, an international law firm, has provided advisory services on the indirect corporate sale of Allegro, a build-to-rent development located in Birmingham. The Allegro scheme consists of 603 build-to-rent units, 5,850 sq ft of amenity space, and 27,500 sq ft of commercial units. The complex is equipped with resident amenities such as a gym, co-working areas, a roof terrace, and car parking, all encompassed around a central garden podium. BCLP guided Allegro through its entire lifecycle from the initial forward funding acquisition in 2016 to its recent sale. Key partners from BCLP involved in this transaction included Kieran Saunders and Janany Kathirgamanathan. Savills Operational Capital Markets team also contributed advisory services for the sale.
Sectors
- Real Estate
- Legal Services
Geography
- United Kingdom – The article concerns a real estate development project located in Birmingham, UK.
Industry
- Real Estate – The article discusses the sale of a build-to-rent property development, which directly pertains to the real estate industry.
- Legal Services – BCLP, a law firm, provided legal advisory services, which are integral to the transaction.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Bryan Cave Leighton Paisner LLP | Legal Advisor | Company | An international law firm that provided legal services for the transaction. |
Allegro | Target Company | Company | A build-to-rent scheme in Birmingham, consisting of 603 units and various amenities. |
Savills Operational Capital Markets | Advisor | Company | Provided advisory services for the sale of Allegro. |
Kieran Saunders | Partner at BCLP | Person | Partner specializing in Corporate Real Estate and Funds at BCLP. |
Janany Kathirgamanathan | Partner at BCLP | Person | Partner specializing in Real Estate at BCLP. |