March 9, 2026Henderson Park and Alumno break ground on new PBSA residence in Edinburgh

London, 09 March 2026 – Henderson Park, an international private equity real estate firm, and student accommodation developer Alumno have commenced construction of a new 191 bed purpose-built student accommodation (PBSA) residence at Jock’s Lodge in Edinburgh.

The accommodation will comprise a mix of cluster apartments with shared kitchens and self-contained studio apartments, as well as dedicated study and social spaces, landscaped external courtyard areas, rooftop winter gardens offering panoramic views across the city and a bespoke ground-floor café/restaurant fronting London Road. Works are expected to conclude ahead of the 2027/28 academic year.

The 191-bed development is located in the Meadowbank and Jock’s Lodge neighbourhood, under two miles from the world-renowned University of Edinburgh and within easy reach of the city’s other academic institutions.

The project is set to further strengthen Edinburgh’s position as one of Europe’s leading university destinations while responding to the high and unmet demand for high-quality PBSA across Scotland’s key higher education hubs.

Henderson Park has established a strong track record of investment in Scotland in the retail and hospitality sectors, with major acquisitions including The Caledonian hotel and Silverburn shopping centre.

Mrinal Jalan, Managing Director at Henderson Park, commented: “This is an important milestone not only for this development, but for our continued investment into the Scottish real estate market across a number of our high conviction sectors. This PBSA project stood out to us for its excellent micro location and the opportunity to work with best-in-class partners in Alumno and Clark Contracts to deliver a high quality, amenity-rich scheme that will meet the demands of increasingly discerning student occupiers.”

David Campbell, Chief Executive Officer of Alumno Group, said: “Breaking ground at Jock’s Lodge represents an important milestone for Alumno, as we continue delivering thoughtfully well-designed student living environments across the UK’s university cities. Edinburgh and neighbouring Glasgow are two of the most dynamic student cities and we are excited to see this project and our Glasgow project start on site with Clarks and play a vital role in supporting the student population and enhancing local neighbourhoods.”

A groundbreaking event took place on 5th March to mark the official start of works, which was attended by key representatives from Alumno, the project partners, members of the design team and the contractor, Clark Contracts.

Michael Scanlan, Director at Clark Contracts, added: “We’re delighted to be delivering this excellent student accommodation scheme in Edinburgh. Building on our experience of delivering more than 1,400 student beds in recent years, this project marks our second collaboration with Henderson Park and Alumno, and we’re excited to continue working together to bring the development forward and see it progress on site.”

The agent is Summers-Inman, with the wider design team Stallan Brand, RankinFraser, Will Rudd and Hawthorne Boyle.

#ENDS

For further information contact

FTI Consulting, for Henderson Park:

[email protected]

Sam Lopez, for Alumno:

[email protected]

+(44) 07798 735998

About Henderson Park

Henderson Park is a leading international real estate investment firm. Since its formation in 2016, the firm has invested over $14 billion in building a portfolio of flagship real estate assets, with a presence in major cities and capitals in the United States, UK, France, Germany, Greece, Ireland, Italy, Poland, Portugal, and Spain. Henderson Park seeks high quality assets in prime locations where it can identify the potential for unlocking or creating value through asset management and sustainability improvements, or by taking on and working in complex situations. The company’s current portfolio is diversified across various sectors such as multifamily, hospitality, student housing, logistics, office and retail. Henderson Park strives to work and build long-term strategic relationships with the best local partners.

Visit www.hendersonpark.com for more information.

About Alumno

Alumno, established in 2006, partners with universities, colleges and other stakeholders to provide high quality living space for over 7,000 students to date across the UK, including London, Birmingham, Norwich, Glasgow, Durham and St Andrews.  Alumno delivers distinct and sensitive designs, carefully engaging with local residents to integrate its developments for the benefit of the existing community. Its schemes introduce a mix of other uses alongside the student accommodation. www.alumnogroup.com

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