Purpose-Built Student Accommodation

Office conversion to deliver 288 student beds in Glasgow

£35.3m development facility to support the conversion of an office building into purpose-built student accommodation.

We are providing a 16-month development facility to convert a Glasgow office building into 288 student beds under permitted development rights.

The scheme will provide 163 studios and 125 cluster rooms, alongside a cinema, gym and shared spaces for study and socialising. Flow Student will manage the completed scheme. MCR Group launched their student brand in early 2026 to bring its UK student accommodation portfolio under one name.

The University of Strathclyde, Glasgow Caledonian University and City of Glasgow College are all within a 15-minute walk, and the University of Glasgow is around 20 minutes away by subway.

Gross Loan

£35.3m

Term

16 months

LTV

70%

Units Created

288

Exit Method

Sales

Residential

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