Fresh, the management arm of Watkins Jones, has been chosen to operate Mantle Yard, a substantial purpose-built student accommodation (PBSA) scheme featuring 604 beds in the vibrant district of Leith, Edinburgh. This appointment highlights Fresh’s significant role in the UK PBSA market, particularly in a city known for its rich academic heritage.
Collaboration with Key Partners
The operational management of Mantle Yard will be undertaken in collaboration with joint venture partners including HUB, Bridges Fund Management, and the Housing Growth Partnership (HGP). Fresh will mobilise, market, lease, and manage the property, ensuring its successful integration into the local community.
Architectural Vision and Amenities
Designed by the esteemed Edinburgh-based Michael Laird Architects, Mantle Yard will consist of six buildings constructed on a site that previously housed a gasworks and naval yard. The development is set to offer a range of amenities intended to enhance the student experience, including dedicated study rooms, a library, social lounges, a TV room, a kitchen, a gym, yoga spaces, and secure cycle storage. These features are reflective of the growing trend in the PBSA sector, where high-quality amenities are increasingly essential in attracting students.
Construction Timeline and Development Plans
Construction of Mantle Yard will be carried out by McAleer & Rushe, with a completion date targeted for the 2027/28 academic year. This timeline aligns with the increasing demand for student accommodation in Edinburgh, as more students seek high-quality living spaces that foster community and support academic success.
Industry Insights from Key Stakeholders
Sarah Willoughby-Parsons, head of asset management at HUB, expressed enthusiasm for the project, stating, “Mantle Yard is a truly exciting project for HUB, Bridges, HGP and Edinburgh. With demand for high-quality student accommodation continuing to grow, we’re proud to be delivering a scheme that not only meets that need but does so with ambition, design excellence, and a deep respect for the local context.” This sentiment underscores the collective commitment of the partners to create a thriving community for students.
Sam Scott, managing director of Fresh, added, “We are delighted to be appointed to play a key role in bringing Mantle Yard to market. With our in-depth knowledge of the Edinburgh market and an understanding of the growing popularity of Leith, we are ideally positioned to successfully mobilise, market and operate this exciting property. Our proven track record and extensive experience in PBSA will ensure Mantle Yard is positioned for success.” These insights reflect Fresh’s confidence in their ability to navigate the unique challenges of managing a PBSA in a competitive market.