21st Nov 2023

SRM Capital Ventures form Joint Venture with Logik Developments

Sir Robert McAlpine Capital Ventures and Logik Developments have created the Joint Venture to deliver a £110 million BTR development in Manchester.

Sir Robert McAlpine Capital Ventures (SRMCV)and Logik Developments have formed a Joint Venture to develop a 24-storey, 355 unit Build to Rent Project on Arundel Street in central Manchester.

The £110 million development, located in the Castlefield basin, opposite the Deansgate Square Towers, is expected to contribute to the regeneration of the area and bring significant social value and sustainability benefits to local communities.

This is a key milestone towards the delivery of this BTR scheme, after Logik obtained planning consent for the development in 2019. The Joint Venture is now working to secure a forward funding partner to develop out the scheme.


Today marks the beginning of another significant project for SRMCV. This fantastic project in the heart of Castlefield reinforces our strong track record of successfully delivering BTR schemes across England. We greatly look forward to the start of our partnership

Read more From Robert Wotherspoon, CEO of Sir Robert McAlpine Capital Ventures
Robert Wotherspoon

Robert Wotherspoon, CEO of Sir Robert McAlpine Capital Ventures

Robert Wotherspoon

Today marks the beginning of another significant project for SRMCV. This fantastic project in the heart of Castlefield reinforces our strong track record of successfully delivering BTR schemes across England. We greatly look forward to the start of our partnership

with Logik Developments. We share Logik’s ambitions for achieving a quality residential neighbourhood with high sustainability targets with a focus on creating social value that benefits the local community. We look forward to bringing the vision to life.

close From Robert Wotherspoon, CEO of Sir Robert McAlpine Capital Ventures

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