Dandara Living and Gamuda Land UK have formed a joint venture to develop City Wharf, a sustainable PBSA project in Glasgow aimed at addressing the city's student accommodation shortage.

Information on the Target

Dandara Living, the purpose-built student accommodation (PBSA) and Build to Rent division of Dandara Group, has established a strategic joint venture with Gamuda Land UK to develop a landmark PBSA project named City Wharf in Glasgow, Scotland. This partnership is focused on addressing the pressing need for high-quality student accommodation in one of the UK’s most dynamic and underserved student markets.

The City Wharf development is set to provide 492 new student beds, incorporating both modern studio apartments and cluster rooms designed to accommodate the evolving needs of contemporary students. Dandara Living will take on the roles of both developer and contractor, with construction slated to commence in 2024 and completion anticipated for the 2026/27 academic year.

Industry Overview in the Target’s Specific Country

Glasgow is home to over 88,000 full-time students but faces a severe shortfall in student accommodation, with an reported deficit of approximately 22,000 beds. The demand for adequate housing in this vibrant city has surged, highlighting the urgent need f