Manager appointed to world’s tallest octagonal skyscraper

Birmingham’s tallest building and the world’s tallest octagonal residential tower is set to be managed by Allsop Letting and Management (ALM).
The property manager will run The Octagon, a 49-storey build-to-rent tower with 370 units, located next to the Paradise estate.
Created by City Developments Limited (CDL), the scheme will comprise one, two and three-bedroom apartments, and is due to be completed in summer 2025. Standing at 155 metres tall, The Octagon is the city’s first official skyscraper and the world’s tallest pure octagonal residential tower.
The Octagon will feature a number of amenities, including a residents’ lounge, co-working areas, a private dining room, a gym, as well as concierge services and a retail unit on the ground floor.
The Octagon will be the only private-rented-sector (PRS) development in the precinct and will include three new public squares, new pedestrian connections, as well as a wealth of restaurants and cafes, including Albert’s Schloss, Dishoom, F1®Arcade, Rosa’s Thai, Yorks Café, La Bellezza and Cow & Sow.
ALM recently strengthened its team by appointing Simon Wilkinson-Reilly as its Head of Residential Asset Management.
The firm’s units under management reached 5,500 in 2024, with a projected pipeline of 12,000 units.
Matt Smith, CEO of Allsop Letting and Management said: “We are delighted to have been appointed by CDL to manage this iconic building as it continues to expand its UK PRS portfolio. With experience managing residential assets in key regional cities, we are confident that our expertise, access to data, and unwavering focus on delivering high levels of customer satisfaction position our team to deliver exceptional results.”
Neil McGinty, development director at CDL said: “We look forward to working with Allsop Letting and Management on our landmark address in the city of Birmingham. With its high-quality amenities and excellent specification, The Octagon is well placed to set a new standard for rental living in Birmingham and beyond.”