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Glencairn Properties

City of Edinburgh

Glencairn Properties is a specialist developer dedicated to creating design-led and sustainable "Living Spaces" for communities. They focus on delivering institutional-scale projects within the purpose-built student accommodation (PBSA) and build-to-rent (BTR) sectors.

About

Glencairn Properties operates as a specialist team dedicated to developing design-led and sustainable "Living Spaces" for communities. The firm was established in 2011 by Daryl Teague, a second-generation property developer. Initially, Glencairn Properties began as a residential housebuilder, managing the full construction process internally. The company's approach to innovative design and its commitment to regenerating the communities in which it builds have been central to its operations since its inception.

Since 2020, Glencairn Properties has strategically shifted its primary focus to the living sector market. This transition involves delivering institutional-scale projects within both the Purpose-Built Student Accommodation (PBSA) and Build-to-Rent (BTR) sectors. The company maintains a track record in delivering residential projects and possesses a growing pipeline of purpose-built student accommodation developments. The firm's agility and specialist expertise, drawing from backgrounds in housebuilding and architecture, contribute to its operations within these living sectors.

Glencairn Properties places people, sustainability, and design at the core of its development philosophy. This approach aims to create "Living Spaces" that address the future demands of cities and their surrounding communities. The company emphasizes design-led development, striving to reimagine living spaces across its portfolio. Its mission includes providing housing where it is most needed, with particular expertise in brownfield site regeneration, aiming to improve landscapes and the lives of communities across Scotland.

The firm has undertaken several significant PBSA projects. In Edinburgh's Fountainbridge area, Glencairn Properties completed Phase 1 of a 150-bed PBSA scheme in Summer 2023. The company is also completing Phase 2 of the same 150-PBSA scheme, which is due for completion in Summer 2026, marking the final piece of the Fountainbridge development. Additionally, Glencairn Properties completed a project involving the regeneration of an end-of-use petrol station into 149 PBSA beds on behalf of a FTSE 100 pension fund in Summer 2023. These projects demonstrate the company's experience in delivering purpose-built student accommodation.

The team at Glencairn Properties brings together diverse expertise to manage its projects. Daryl Teague, as Managing Director, oversees the company's property portfolio, site acquisition, and sales, leveraging a background in finance and banking. Other team members, such as Nicola, contribute over 26 years of experience in construction, with a focus on design and delivery of living environments. Laura Maginnis, Development Manager, manages projects from initial land appraisal through the planning process and technical stages to completion, drawing on a 12-year career as an Architect. This collective experience supports the firm's development activities.

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Location

Head Office

Hive Spaces, 3 Jamaica Street, Edinburgh

City of Edinburgh, Scotland

EH3 6HH

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