Wednesday September 9th 2026
Written by Midlothian View Reporter, Liam Eunson
An Edinburgh student accommodation complex is set for a programme of safety, sustainability and quality improvements as part of an £82.6 million funding deal covering three properties across the UK.
Royal Bank of Scotland has provided the funding to support Rosethorn Capital Partners and Eagle Street Partners in acquiring and repositioning purpose-built student accommodation in Edinburgh, Birmingham and London.
The Edinburgh property, Haddington Place, has 240 student beds and is located close to the city centre and major transport links.
The wider deal also covers Selly Oak Court in Birmingham, which has 329 beds, and Glassyard in Stockwell, London, which provides 340 beds and is predominantly leased to the University of the Arts London.
Together, the three properties provide more than 900 student beds in three of the UK’s major university markets.
The investment will fund a range of improvements across the properties, including cladding remediation, compartmentation and fire door works, alongside sustainability upgrades and targeted refurbishments.
The programme is intended to improve building safety, resilience and the overall experience for students living at the properties.
Michael Goode, Relationship Director, Large Corporate Real Estate at NatWest Group, said: “Backing responsible investment in existing stock is a priority for us.
“By partnering with specialist sponsors to deliver safety-led upgrades and targeted refurbishments, we are helping keep high-quality buildings in use and raising the quality of student housing in Birmingham, Edinburgh and London.”
Ricky Kullar, CFO of Rosethorn Capital Partners, said the company was looking forward to delivering the projects and using its in-house asset and development management expertise to improve the properties.
Will Banbury, Head of Origination at Eagle Street Partners, said the acquisitions represented an opportunity to enhance student accommodation in “three of the UK’s strongest university cities”.
The deal supports Royal Bank of Scotland’s Growing Together campaign, which promotes investment in homes, infrastructure and places intended to help communities and regional economies prosper.
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