Inside new £25m apartment complex in heart of Nottingham’s Lace Market

The exterior of a new £21 million apartment complex in the Lace Marketplaceholder image
The exterior of a new £21 million apartment complex in the Lace Market | Provided
117 new one and two-bedrooms apartments have been completed

A new £25 million apartment complex in Nottingham city centre has now been completed. 

The 117 new one and two-bedroom apartments Lace Market Quarter are now welcoming residents after the project reached completion earlier this summer. 

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Developed by Edmond de Rothschild Real Estate Investment Management (REIM), the development is a private rented sector (PRS) scheme, comprising a mix of renovated Grade II-listed buildings and new builds.

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The build-to-rent development will extend to five storeys at its highest point, with apartments spread across six levels including a lower ground floor.

James Whidborne, Fund Manager at Edmond de Rothschild REIM, added: “We are proud to have brought another development to this fantastic city.

“This latest deal reflects our enthusiasm for Nottingham in terms of the city’s demographics, local economy, and affordability of new housing.

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“With demand for living space growing in Nottingham, it is crucial that developments like the Lace Market Quarter apartments provide convenient living accommodation to residents.

“We knew from the start that this deal was in the right hands given the STB team’s expertise in property development finance.

“Their ability to provide a tailored approach to a complex deal is what really makes them a relationship-led bank, and we look forward to working again with them in the near future.”

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