Maven Capital Partners brings historic Glasgow office property to market
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Dalian House, once a landmark 64,000 sq ft office building in the heart of Glasgow that hosted NHS Scotland, has now been revitalised and unveiled as a 92-apartment boutique build-to-rent apartment community, financed by Maven Capital Partners.
The site has been delivered by Maven Capital Partners in partnership with developer Calmont Group. The building and its residents will be professionally managed by rental management company VervLife. Residents will benefit from responsive management and an innovative resident’s community app which will give those that live there access to local exclusives, offers and promotions, a local directory and rapid access to management.
After extensive redesign and renovations, the building now offers modern, high-quality living spaces designed to meet the needs of today’s renters.
The building was originally named as a nod to one of Glasgow’s international twin cities, Dalian in North-western China. In homage to the building’s heritage, the building will now be called DALIAN and is situated in a prime location on the corner of St Vincent Street and North Street in the cultural Charing Cross neighbourhood of the city, offering its residents easy access to vibrant Finnieston, the amenities of the city centre and the verdant West End.
DALIAN combines the charm of its historic architecture with contemporary amenities and finishes, creating a unique living experience for residents. The building’s apartments range from studios to spacious three-bedroom units. Residents also have access to variety of communal amenity spaces including a fitness suite, lounge and co-working space, a garden terrace, private dining area and even a boulodrome for games of Petanque.
Paul Johnston, partner at Maven, said: “We are delighted to launch DALIAN, a premium build-to-rent community in a part of Glasgow that is an attractive and desirable place to live.
“The city needs more high-quality, professionally managed accommodation and this community will serve that need with its contemporary design, fantastic amenities and a convenient, culture-forward location.”
Graham Brooker, director at Calmont Group, added: “Dalian House had lain unoccupied since 2010 and we quickly saw the opportunity to re-purpose it into what is now one of Glasgow’s best places to live, work and play.
“Converting and regenerating a building in this way is the most environmentally friendly and sustainable means of construction, and residents of DALIAN will live in a building that boats amongst the best ESG credentials of any other place to live in the city.”
Katherine Rose, managing director at VervLife, added: “Glasgow is an exciting rental market and like many cities across the UK has a significant undersupply of all types of homes, particularly well-managed rental accommodation.
“Our approach to operations will make this wonderfully designed building and even more convenient, resident and community focused place to live. We’re proud to be operating in Scotland and supporting the drive to deliver more Scottish homes alongside our partners at Maven and Calmont.”
The showhome is open now for viewings, with the first cohort of residents due to move in from August.