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Birmingham Post

Business

Jon Robinson

Urban Splash fund more than triples in value as profits spike

Birmingham Bradford Bristol Cambridge Manchester Sheffield

The value of the Urban Splash Residential Fund more than tripled during its latest financial year as its profits spiked.

Newly-released results show the fund's net asset value grew to £90.3m – more than three times the £25.2m value in its last annual report.

It also posted a profit of £2.2m, a 70% rise on the £1.3m recorded in 2021.

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