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LLOYDS LOAN PAVES WAY FOR 33-STORY BIRMINGHAM TOWER

  A US$34.8-million loan from Lloyds Bank is paving the way for Tower II of Aprirose's The Bank development in Birmingham, U.K.,The  Business Desk reports. Standing 33 stories and containing 217 apartments, it will join the 189-unit Tower I, a 21-story structure completed in June 2018. The shorter building was "the first standalone build-to-rent development scheme we backed in the U.K.," Selina Dicker, director of Lloyds real estate and housing division, said. Aprirose CEO Gary Jones said The Bank's Tower II will enhance Birmingham's skyline and help cement its reputation as a U.K. hub. Completion is anticipated by the end of 2019.