The property is HG Living’s second development in Edinburgh and the second phase of our Straits Meadow joint venture with QIP. Construction will complete in Summer 2022.
The property comprises 76 self-contained studio apartments arranged in clusters around generous communal living areas on each floor. These so named ‘Club Suites’ offer students the highest standards of independent living – each individual apartment having its own kitchen and ensuite bathroom, but with the benefit of ample space to socialise with residents in the private resident lounges provided on each floor which are typically shared by up to 12 students.
The unique attributes and affordability of HG Living’s ‘Club Suites’ is proving attractive to students and investors alike in the post pandemic environment, and we have plans to roll out this model further across future HG Living developments.
The property was pre-sold on a forward commitment basis to the QIP Investment fund in January 2022.