HomeBusinessGlasgow deals propel Scots company to successful quarters Achi-News

Glasgow deals propel Scots company to successful quarters Achi-News

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The company noted that the requirements of companies returning to the city have “evolved”. It is expected to introduce a new concept for Glasgow, The Courtyard, in June, and bring further workspace to the market at 75 Bothwell Street, 22-24 Blythswood Square and 19 Waterloo Street in the city.

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Merchant Exchange also recently launched in Aberdeen city center following a major refurbishment, where Aurora Energy, Aberdeen Inspired, and HS Beauty have joined the tenants. Merchant Exchange will complement SRE’s Union Point and Aurora Aberdeen properties in the Granite City.

John Grewar, who manages lettings for the SRE Group, said: “The first quarter of 2024 has been exceptionally busy with five major deals completed within our Glasgow portfolio alone.

“Businesses are returning to the city center space, but their requirements have evolved. They are looking for a more purposeful, interesting workplace that they can walk into with everything already set up and ready to go, rather than spending a lot of time and money on furnishing. The space has to attract and retain their talent and be comfortable and accessible – this is what the SRE Group does right.

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“I am delighted to welcome all five new tenants to the Sex and Relationships Education community and as space is now limited within our existing premises, we will continue to develop new and exciting workspaces in the heart of the city.”

The update from SRE follows a report published by property research analyst CoStar Group this week which highlighted the appeal of Glasgow’s Bothwell Street as an office location for major companies. Accountancy giant PwC, tax and audit specialist RSM, and Scotch whiskey distiller Edrington committed to almost 40,000 sq ft of high-street office space in the first quarter. It means that 140,000 square feet of office space has been used on the street in the last 12 months, according to CoStar Group.

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