“Glasgow is another market we are exploring in-depth because of its need for quality homes and vibrant economy”
MACQUARIE-backed Goodstone Living has revealed it is “exploring in-depth” the Glasgow build-to-rent market as it plans expansion infollowing its entry to the market north of the Border last year with the acquisition of an Edinburgh development.
Mr White said: “We are very confident about the Scottish market because our focus is on major cities where there is a real need for high quality rental housing but supply is limited. Typically, these are cities with good employment prospects, high student retention rates and strong economies. Edinburgh is home to one of Europe’s largest financial hubs and has some of [the] highest student retention rates in the country, for example.
Goodstone Living’s development team has re-engineered the Leith project, comprising four, 10 to 14-storey buildings, to electrify it fully, with an air-source heat pump for each apartment.
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