BNP Paribas has
agreed a deal to move its Glasgow operations to HFD Group's 177 Bothwell Street.
The firm will move over 200 staff into the 20,624 sq. ft. first
floor of what will be Glasgow's largest single office building.
While the letting sets a new headline rent for the city, the
developers claim occupiers will benefit from lower overall
operational costs, thanks to energy efficiency and a comparably
lower service charge, achieved through the building's economies of
scale.
The addition of BNP Paribas leaves just three full floors
available at 177 Bothwell Street. Virgin Money has pre-let 50% of
the building for its new headquarters, while HFD Group's serviced
offices business will operate from another two floors.
177 Bothwell Street features a rooftop terrace and running
track, 318 cycle spaces, electric vehicle charging points, and
touchless technology throughout the building. The building is set
to complete in the fourth quarter of 2021.
Gary Cameron, Head of Scotland at BNP Paribas Real Estate, said,
"The move re-affirms the group's commitment to Glasgow and this
best-in-class asset is aligned with our plans for the next chapter
of BNP Paribas in Scotland."