HFD SELLS BOTHWELL STREET OFFICE
HFD Group has sold its office on 177 Bothwell Street in Glasgow to Spanish investment firm Pontegadea for more than £200 million.
The city’s largest office building has already been pre-let to tenants such as Virgin Money, BNP Paribas, AECOM, CBRE and Transport Scotland.
Zara owner and Spain’s richest man, Amancio Ortega, purchased the building. The billionaire behind the Inditex fashion brand – which also owns Massimo Dutti, Bershka and Pull & Bear – did the deal through his commercial property investment firm.
The deal comes just weeks before the completion of the 315,000 square foot development.
Bellshill-headquartered HFD announced prior to the sale of the office that it would move its headquarters from Strathclyde Business Park to 177 Bothwell Street, taking the top floor.
The office development is claimed to be one of the most sustainable office developments in Glasgow, with energy being supplied from the Blantyre Muir Wind Farm in South Lanarkshire. It is targeting a Energy Performance Certificate with an A rating and excellent standard on the BREEAM certification.
It is also one of the first commercial properties to have attained the new SmartScore accreditation for smart buildings, after achieving a platinum Wiredscore certification, a standard that recognises future occupiers with the best connectivity.
The development also features a rooftop terrace and running track, electric vehicle charging points, touchless technology throughout and 318 cycle spaces.
