Watkin Jones notes forward sale of S. Mungo Avenue
Source - SMW
Watkin Jones has forward-sold its development in St. Mungo Avenue, Glasgow, to a new institutional investor for an undisclosed fee.
The St. Mungo Avenue development is a 1.07 acre site which occupies a prominent position at the corner of St. Mungo Avenue and St. James Road to the east of Glasgow City centre and in close proximity to the University of Strathclyde, Glasgow Caledonian University and the City of Glasgow College.
The seven storey 349 bed scheme (176 cluster bedrooms and 173 studios) is due for delivery in August 2018, ahead of the 2018-19 academic year