Glasgow Developer Secures £18.8m for New Student Housing in West End

Glasgow developer secures £18.8m for new student housing in West End

Kelvin Properties secures £18.8m from Bank of Scotland to build 134 student flats in Glasgow’s West End, tackling student housing shortage.

Glasgow set for 134-flat student scheme featuring nesting boxes for birds and bats

“There is real need for more student housing as student numbers have continued to grow, particularly among the international and postgraduate cohorts” – Stephen McKechnie, Kelvin Properties

Kelvin Properties secures £18.8m facility for sustainable PBSA scheme in Glasgow

Kelvin Properties secured an £18.8m debt facility from the Bank of Scotland to fund a 134-studio student accommodation scheme on Queen Margaret Drive, Glasgow.  The site was acquired in February 2019, with planning consent for a residential scheme secured in July 2022.  After a review of market demand, planning was revised and approved in June 2024 for the student accommodation scheme. Construction began in September 2025, with delivery planned …

Glasgow developer secures £18.8m funding for west end student housing scheme

KELVIN Properties has secured an £18.8 million development facility from Bank of Scotland to fund construction of its first purpose-built student accommodation (PBSA) scheme in the city’s West End. The 134-studio development on Queen Margaret Drive is under construction, with completion targeted for June 2027 ready for intake at the start of the 2027/28 academic year. The scheme received planning approval for its revised student accommodation us…

Kelvin Properties wins £18.8m loan for Glasgow student scheme

Kelvin Properties has secured an £18.8m loan from Bank of Scotland to fund the delivery of a purpose-built student accommodation (PBSA) scheme in Glasgow's West End.