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Birmingham Post

Business

Jon Robinson

EXPLAINED: Urban splash fund more than triples in value as profits spike | Vintage Vibes

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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