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Prestige Student Living’s Dundee apartments enter administration

By Drooid · Sep 19, 2026, 2:48 PM UTC · How we work

Summary

Story summary

Prestige Student Living’s Marketgait Apartments in Dundee entered administration, displacing 70 students.
The block filed for administration after owners defaulted on a £5.7 million loan.
ATK Property, the new owner, kept the building closed for fire-safety works, forcing tenants to vacate within a month.
Prestige refunded all payments and assisted displaced students in finding alternative accommodation in Dundee.

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Story summary

Prestige Student Living’s Marketgait Apartments in Dundee entered administration, displacing 70 students.
The block filed for administration after owners defaulted on a £5.7 million loan.
ATK Property, the new owner, kept the building closed for fire-safety works, forcing tenants to vacate within a month.
Prestige refunded all payments and assisted displaced students in finding alternative accommodation in Dundee.