Unite granted planning approval for development of Aberdeen site

2nd Dec 2014 08:20

Student accommodation group Unite has received planning approval for the development of a one acre site in the centre of Aberdeen.The scheme is expected to have a development cost of around £20m and deliver a development yield in line with group target levels.Completion of the site is expected in time for the 2016/17 academic year and will provide a accommodation for 399 students.The site is being acquired from Aberdeen City Council and is currently occupied by a derelict, listed school building.Richard Simpson, Managing Director of Property for Unite Students, said: "We are very pleased to have received planning consent for this site as our development pipeline continues to progress well. This is our fifth site in Aberdeen, where we already provide a home for over 1,300 students."Causewayend will provide a safe and secure home for students and will help to strengthen our relationships with UniveStudent accommodation group Unite has received planning approval for the development of a one acre site in the centre of Aberdeen.The site is located in the centre of Aberdeen, close to Unite's existing investment portfolio and in close proximity to the University of Aberdeen, with good transport links to Robert Gordon University.