Europa announced that it has completed the acquisition of a 342-unit, newly developed build-to-rent (BTR) scheme, Granary Quay, in Glasgow, Scotland, from the Dandara Group.
Located in Glasgow’s West End, Granary Quay comprises a mix of studio, one- and two-bed apartments. It reached practical completion in May 2024 and is 69 percent occupied. Overlooking the River Clyde, the building has been designed to a high standard with an attractive fit out and well-considered amenities, including a co-working space and gym. The property benefits from landscaped gardens, communal areas for residents, including a lounge and a house kitchen.
Europa has identified a number of asset management initiatives to build on the asset’s sustainability credentials, including the installation of additional rooftop solar panels, with the aim of targeting a BREEAM Excellent accreditation in the longer term. The property will continue to be operated by Dandara Living, which will be respons
