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Topping out of the The Old Printworks Edinburgh

Topping out of the The Old Printworks Edinburgh

Successful topping out event for new 237-bed purpose-built student accommodation development, The Old Printworks, Edinburgh, on track and on budget for opening in August 2017.

Crosslane Student Developments, part of the Crosslane Group, celebrated the topping out event of The Old Printworks development at 20 Bernard Terrace, Edinburgh, on 29 March 2017. The ceremony was conducted by Jon Stuart, Director of Crosslane Student Developments and Grier Edmead, Contracts Manager, Ogilvie Construction. The total development value of the property is approximately £31 million.

Work on site commenced in January 2016 to develop a new, purpose-built, high specification, city centre scheme, comprising 44 studios and 193 cluster flat bedrooms ranging from three to nine bed clusters. In addition, there will be high quality communal facilities including a common room, meeting space, laundry facilities, gym and bike storage.

The high specification scheme, due for completion in August 2017 in time for the 2017/2018 academic year, is in an ideal location amidst the popular student hub of Edinburgh, being just a short walk to the University of Edinburgh campus and close to the historic Royal Mile, in the heart of the city centre.

Edinburgh has 49,900 full time students and the University of Edinburgh is ranked in the top 20 of The Sunday Times and The Guardian university league tables.

Commenting on the event, Jon Stewart, Director of Crosslane Student Developments, said: 

“We are on track and on budget for The Old Printworks development at 20 Bernard Terrace, Edinburgh. We continue to assess potential opportunities to further grow our successful student accommodation business in the UK and Edinburgh itself, a city with strong supply/demand fundamentals for purpose-built student accommodation.”

Grier Edmead, Contracts Manager, Ogilvie Construction, said:

“This is a key milestone in the project, which is making excellent progress and will complete this summer. Our team has extensive specialist experience in building student accommodation and continues to work closely with Crosslane to deliver a building of the highest quality.”

For further information, please contact:

Newgate (PR adviser to Crosslane)

James Benjamin Tel: +44 20 7680 6550
Kai Störmer Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Lydia Thompson

About the Crosslane Group

The Crosslane Group is an international multi-platform real estate company focussed on acquiring, developing and managing student accommodation assets and bespoke residential developments across the UK and Europe. 

Crosslane has established a proven track record of successfully acquiring, developing, investing in and managing high quality, purpose-built, conveniently located student accommodation property across Europe, completing over 3,000 beds since 2008. Crosslane has identified a substantial UK development pipeline of over 3,300 beds and a growing development pipeline in Continental Europe. 

For further information, please visit: www.crosslanegroup.com

About Prime Student Living 

Prime Student Living, part of Crosslane, was established in 2008 to manage, market and let student accommodation, specialising in all aspects of property management including lettings and marketing, customer service and health and safety. A key differentiator of Prime Student Living is being part of Crosslane, providing an end-to-end integrated solution via the capabilities of each of the companies within the group. Knowledge and experience gained via Prime Student Living, alongside customer research, supports the building design process to ensure Crosslane delivers long-term, sustainable, best-in-class student accommodation.

Prime Student Living has experience operating 15 student accommodation properties, managing 2,987 rooms in 12 major university cities throughout the UK and Germany including Birmingham, Bristol, Dundee, Edinburgh, Glasgow, Lancaster, Liverpool, Manchester and Newcastle, as well as Osnabruck and Oldenburg in Germany. Prime Student Living acts as the property manager for a number of large investors in student housing sector. 

For further information, please visit: www.primestudentliving.com

About Ogilvie Construction

Ogilvie Construction is part of the Ogilvie Group, one of Scotland’s most consistently successful family owned businesses.  The company is over 60 years old and employs more than 450 people across its various business operations in the UK.

 

 

 

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