The scheme is a part of the wider €5.79b Liverpool Waters regeneration project.
The BTR scheme is set to be acquired by a Starlight-led Institutional Partnership as part of a forward purchase agreement.
The purchase along with two other projects in Manchester and Ashford represents a pivotal element of Starlight’s long-term UK strategy, which aims to target BTR projects across major UK cities and London commuter belt markets, with an initial goal of acquiring approximately €695m worth of assets.
The 31-storey BTR scheme will see the construction of 278 high-quality residential units, ranging from studios to three-bedroom apartments.
The ground floor will be dedicated to commercial and leisure use. Also included are residents’ amenity space and a roof terrace overlooking the Mersey River.