Real estate investor, developer, and asset manager, Firethorn Trust, has announced a significant construction milestone at its purpose-built student accommodation (PBSA) development on Leith Walk, Edinburgh. A topping out ceremony has marked the successful completion of the site's structural framework.

The six-storey asset, located prominently on Leith Walk, will provide high-quality accommodation for 230 student beds. Designed with modern student living in mind, it will feature a comprehensive range of amenities, including a fully equipped gym, a dedicated student common room, a cinema, and contemporary study spaces.

Construction work commenced last summer, following Firethorn's acquisition of the site in February 2024. This Edinburgh development represents the inaugural acquisition under Firethorn's "Living" portfolio, which has since expanded to include additional PBSA assets in Hackney Wick and Stratford, a hotel development in central Dublin, and the One Bessborough Gardens residential conversion in London.

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With the structural frame now complete, the Leith Walk project is progressing swiftly and remains on track for completion in time for the 2026/27 academic year.

Paul Martin, Head of Development at Firethorn Trust, commented on the achievement: "As the first asset within our Living portfolio, topping out at Leith Walk is a significant milestone for Firethorn, and a prime example of our ability to deliver buildings swiftly and to a high standard. Edinburgh has a growing student population and an urgent need for modern, quality accommodation, so we are very pleased with the pace at which works are progressing and look forward to bringing the site to completion over the next 12 months."

Grier Edmead, Operations Director, Ogilvie Construction, the appointed contractor for the project, added: "Today's topping out marks the significant progress that we have made since breaking ground last year, and we look forward to handing over a first class building in 2026. This will be the fifteenth student accommodation facility that we have delivered in recent years using our extensive experience and expertise in the sector."