16 July 2019

Zurich Chooses Abstract In Glasgow

Categories: International Financial Services District Glasgow | Published: 31/10/2017 | Views: 747
Article from www.ifsdglasgow.co.uk
Zurich Insurance is the latest occupier to commit to Abstract's St Vincent Plaza office development in Glasgow's IFSD.

Zurich is relocating from The Eagle Building in Bothwell Street in mid-2018, taking the entire 7th floor, comprising 17,222 sq ft on a 10 year lease.

St Vincent Plaza is a speculative 'Grade 'A' office development of 172,307 sq ft across lower ground, ground and 10 upper floors. The building occupies a prominent position in Glasgow city centre and has been designed to support highly efficient day one occupancy levels from 1 person per 6 sq.m.

With a BREEAM 'Excellent' and EPC 'A' environmental accreditation, there are strong levels of interest in the two remaining floors. Mark Glatman, Chief Executive of Abstract, commented: "We are delighted that Zurich has chosen St Vincent Plaza. They join KPMG, Whyte and Mackay, Wood Group, Mott Macdonald and the Registers of Scotland, adding to an impressive list of occupiers in the building and we are now down to only two floors remaining. With no new speculative space under construction in the City, the choice for occupiers in the City is becoming very limited.'

Joint agents for St Vincent Plaza are CBRE and Ryden. JLL represented Zurich.
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