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, with Ross Sales & Lettings appointed as the letting agents for the development.
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”.
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