Maslow Capital provided a £10.5 million development loan to support the delivery of a Purpose-Built Student Accommodation (PBSA) scheme at East Newington Place in Edinburgh. The development will feature 65 premium studio units and extensive communal amenities, including a common room, gym, cinema, external courtyard, and a first-floor terrace.

This project is being developed by repeat borrower, Singapore’s Q Investment Partners (QIP) a global leader in purpose-built residential real estate and marks the third collaboration between Maslow and QIP. It follows the successful completion of Straits Village, a 300-unit Huntingdon Road PBSA scheme in Nottingham and Straits Meadow a 198-unit London Road scheme in Edinburgh.

Located just 0.5 miles from the University of Edinburgh’s main campus and 1.2 miles from its Holyrood Campus, this scheme aims to address growing demand by providing 65 premium studio units with extensive communal amenities to enhance the student experience in the city. Scheduled for completion for the 2025/26 academic year, the development also incorporates key sustainable features, including air source heat pumps, solar panels, and 65 bike parking spaces to encourage sustainable travel.

The University of Edinburgh, a Russell Group member ranked 10th in the UK, boasts a substantial international student population, with 38% of its 64,255 students coming from overseas. However, only 31% of students in Edinburgh currently have access to university or privately owned PBSA, highlighting the critical need for additional housing.

Sky Mapson, Senior Director, Origination at Maslow Capital, commented:

“QIP is a great example of the type of developer we are proud to support—innovative, forward-thinking, and committed to delivering high-quality projects. At Maslow, we have built our business on strong relationships, and it is this approach that has led to such a high percentage of clients choosing to stay with us. Over the past 16 years, we have worked with developers of all sizes across various asset classes, and it is always rewarding to see our clients thrive and benefit from a long-term partnership.”

Rachael Gordon, Head of Deal Execution (UK & Europe) at Maslow Capital, added:

“The UK’s PBSA sector is thriving, driven by rising student numbers and an undersupply of housing. With over 600,000 students seeking accommodation annually and limited new supply, the sector is poised for strong growth. Developments like QIP’s are crucial for addressing the accommodation shortfall and meeting the evolving needs of the student population.”