CBRE chooses new Glasgow office as home for Scottish team

CBRE has announced plans to relocate its teams based in three separate offices into a new ‘prime’ base in Glasgow city centre.

The real estate advisor has secured the ground floor at 177 Bothwell Street, which is currently being developed by HFD Property Group and is due for completion later this year. CBRE is expected to take occupation in April 2022.

Almost 300 CBRE staff will relocate there including its advisory services business; its property management accounting team; and its global workplace solutions team.

A number of CBRE teams have been advising on the relocation and fit-out of the new office including the office advisory & transactions team, the CBRE design hub and the project management, quantity surveying, sustainability and engineering services teams.

Miller Mathieson, MD of CBRE Scotland, said, “Collaboration amongst our teams to bring the full power of our platform and services to enhance client outcomes is at the heart of our culture. This move will bring almost 300 members of staff together into one of the best buildings in Glasgow. Its fantastic green credentials and wellness facilities underpin our commitment to the ESG agenda and will enhance the workplace experience for our people and help us attract and retain the very best talent in the market.

“The building design and fit out and tech credentials will help promote collaboration and agile working, supporting our adoption of hybrid working patterns aimed at improving productivity and efficiency. 2021 is shaping up to be an exciting year as we partner with our clients across all sectors to take advantage of the projected recovery in our markets. We are actively recruiting in all areas right across the business and look forward to announcing new hires over the coming weeks and months.”

177 Bothwell Street, which is set to be Glasgow’s largest single office building, is described as the first development in Scotland to commit to the new independently-verified global SmartScore certification for smart buildings. Occupiers will be able to arrive and reach their chosen floor without having to touch any part of the building’s exterior or interior. The building will also let visitors’ mobile devices be pre-accredited, allowing them to operate security gates and lifts with their phones.

177 Bothwell Street is also the first development in Scotland to achieve a ‘Platinum’ WiredScore certification, recognising that occupiers will have the best connectivity available.

Michael McDowall, property director of HFD Property Group, added, “Adding CBRE – one of the world’s top property companies – to 177 Bothwell Street underlines our commitment to delivering a high-quality, occupier-focussed building. With our investment in technology, people-centric design, and decision to embed sustainability throughout the building’s life cycle we are aiming to show what property can help businesses achieve in Glasgow, Scotland, and beyond, supporting them in the delivery of their own sustainability and wellbeing targets.”

Alistair Urquhart from CBRE represented itself in the transaction whilst Knight Frank acted for HFD Property Group.