New Exchange

Glasgow

Two buildings in Glasgow’s west end office district were acquired in 2012 in a sale and leaseback structure, in a sale forced by the lending bank. Planning consent was awarded in 2014 for a 95,000 sq ft NIA prime office scheme. The site was sold profitably to FORE Partnership just prior to the Brexit vote in 2016. Titan Investors were retained as development manager to deliver the scheme, with demolition underway and the main contract due to be awarded in late 2018 for practical completion in 2020.

Use: Grade A office
Size: 95,000 sq ft