Specialist development lender opens new office in business district

Development financier Atelier has opened a new office on Birmingham’s Colmore Row.

The space at 102 Colmore Row is set to be led by lending director Rav Kudhail after spending several years in the city delivering £150m of custom finance solutions to residential PBSA and care schemes across the region.

He said: “I’ve been based in Birmingham for the last three years and I am proud of the relationships we have built up with developers, intermediaries and professional partners. The fact we’ve delivered £150 million of lending in the region so far, is evidence of our commitment to being the lender of choice to finance a range of asset classes across central England and the North.”

Atelier CEO Chris Gardner said: “The opening of our Birmingham office underscores our commitment to funding property development in the region. We have already delivered custom finance solutions to a diverse range of residential, PBSA and care projects in the Midlands and our Birmingham office launch only consolidates our plans for growth.”