UK student accommodation specialist Unite Students has purchased a site in Glasgow to build a new 934-bed property.
The £126 mln (€152 mln) development in the centre of the Scottish city is set to open ahead of the 2027/28 academic year.
The Central Quay property, north of the River Clyde, will include a social marketplace café, yoga room, gym, screen rooms, and a garden room with a terrace.
Unite said full planning permission for the scheme was received earlier this year, bringing the number of beds it operates in Glasgow to more than 3,200.
Tom Brewerton, Unite Students group development director, said: ‘Our latest Glasgow development, north of the River Clyde, will create a new supply of high quality, affordable student accommodation in the city to support the continued growth of our university partners. This property will provide more homes for students while helping to ease Glasgow’s housing storage by freeing up houses for families.’
