The £31 million development in Finnieston is expected to offer flats with rent of around £1,115 per month for a one-bed apartment, £1,525 per month for a two-bed apartment and £1,835 per month for a three-bed apartment.
Created by Edmond de Rothschild Real Estate Investment Management , the G3 Square development on Minerva Street has been described as "high-quality rental assets at affordable levels". Rent is expected to be around £1,115 per month for a one-bed apartment, £1,525 per month for a two-bed apartment and £1,835 per month for a three-bed apartment.
James Whidborne, head of residential fund management UK at Edmond de Rothschild REIM, said: “G3 Square is an excellent first development for the fund in Scotland. Glasgow is the fourth largest city in the UK, with exceptionally strong demand for homes to rent."In line with strategy for the fund, we are offering high-quality rental accommodation at affordable levels, and we quickly expect to achieve full occupancy”.
"The lettings market in Glasgow is very strong and Finnieston is one of its most sought-after areas. Its close proximity to the financial district, Kelvingrove Park and the exhibition centre make it an ideal location for us”.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Preston affordable housing crisis as 6,700 can't afford to buy or rentBetween 2017 and 2022, an average of 220 affordable properties were constructed each year in the city
Read more »
M&S' 'soft' £19.50 autumn jumper that is 'an affordable cashmere alternative'The 'so soft' jumper has been praised by fashion fans in five-star reviews online.
Read more »
Sacrificing your skincare during the cost of living crisis? This under-£15 range by beauty pro Sali Hughes might just be your answerAffordable and effective.
Read more »
South Lanarkshire Council to build affordable homes at former Cambuslang primaryThe Council will build 44 houses at the site of the former Cairns Primary.
Read more »
Humza Yousaf pledges tax reform to boost Scottish businessesBUSINESSES have been promised a new “fair and affordable” rates scheme in Humza Yousaf’s pro-growth economic plans.
Read more »
Aldi Launches Dupe For Rare Beauty’s Viral Soft Pinch Liquid BlushOver the passed few months, the retail giant has brought us a plethora of affordable alternatives to cult classics. But is this it's most impressive dupe yet? Read more here.
Read more »