£59 Million Project to Deliver Hundreds of Student Flats Near Edinburgh’s Historic Park

Summary:

  • Unite Students has completed Burnet Point in Edinburgh, a £59 million mixed-use development featuring 298 student bedrooms alongside 66 private and affordable rental flats, marking its first combined PBSA, build-to-rent, and affordable housing scheme in the city.
  • The project, constructed by Graham and designed with sustainability in mind using low-carbon concrete and timber composites, aims to increase student accommodation supply while freeing up private rental homes for families and professionals.
  • In Glasgow, MRP secured a £58 million loan from Puma Property Finance to develop Broadway Studios, a 432-bed PBSA due in 2026, addressing the city’s ongoing student housing shortage with high-quality amenities and contemporary design.

Original article:

https://www.scotsman.com/business/vast-ps59-million-development-will-provide-hundreds-of-student-flats-near-historic-edinburgh-park-5344164

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