The deal was facilitated by a £19.5m co-loan from OakNorth and real ASK Partners.
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ADIB provides financing for west London co-living scheme
The Stay Club North Acton has a 100% occupancy rate, which ADIB said shows robust tenant demand.
The annual rate of growth stood at 1.3% in May, from 0.6% in April.
The unit offers agile warehouse space to businesses on a pallet-by-pallet basis.
The construction firm has signed two deals with the government worth over £100m.
The private rented sector (PRS) in Wales makes a gross value added…
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Andrew Jones, chief executive of LondonMetric, said: “As such, we expect to announce further disposals shortly.”
Ten new members have been appointed following the mass SRB resignation last year.
The family firm’s investment director Bay Downing talks about PBSA, co-living and the pipeline it is developing.