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Marketing commences on St Vincent Plaza

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October 30 2012

Marketing commences on St Vincent Plaza
Abstract Securities Ltd has commenced marketing of its 170,000sq/ft St Vincent Plaza office development at Charing Cross, Glasgow, with the appointment of Ryden as joint agent with CBRE.

Both agents have been tasked with letting the £60m Grade A building to potential tenants, offering space at a discount to other comparable schemes in the city centre.

Ewan Cameron, Regional Managing Partner for Ryden, said: “St Vincent Plaza will represent a huge boost to Glasgow in terms of attracting new occupiers to the city and also displays a genuine optimism in the city that is much needed in this climate.

“With space at the building priced from just £23 per sq./ft, which is far below local headline rents, this building is a superb opportunity to relocate to exemplary space built to Central London standards, at extremely achievable and competitive rents.”

Scheduled for completion in the summer of 2014 the scheme offers a feature rooftop terrace and has been designed to a BREEAM ‘Excellent’ standard and an EPC ‘B’ rating by Keppie Design.

Abstract initially claimed enabling works would commence in a ‘matter of weeks’ back in February but thus far no work has been carried out on site. As yet there is still no confirmed start date.

2 Comments

Cheap as Chips
#1 Posted by Cheap as Chips on 31 Oct 2012 at 13:04 PM
The slick marketing video cannot hide the fact that what Keppie have produced is in fact a very disappointing bland box.
A prominant location that will be seen by many merits a more exciting proposal.
Neil
#2 Posted by Neil on 31 Oct 2012 at 13:33 PM
Indeed, particularly disappointing also as the former britoil building now santander is on of the city's most interesting commercial offices and a very refined and considered building. Sadly, this is typical Keppie. Tip, always be wary of projects that lead with BREEAM Excellent or EPC rating, they're usually dull. This, no matter the slick video is poor fare.

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