Orega announces new business centre in Glasgow’s George Square
SERVICED office provider Orega has announced its second business centre in Scotland.
Orega, which was founded in 2000, has signed a ten year management agreement for almost 22,000 sq ft of office space at 9 George Square in Glasgow’s Central Business District.
The serviced offices will be arranged over three levels of the recently-refurbished Category B listed building which dates back to the 1920s and was formerly known as the McLaren Warehouse.
The announcement of Orega’s Glasgow business centre comes less than a year since they opened their first facility in Scotland at the Silver Fin building in Aberdeen and brings their total number of sites across the UK and Europe to 17.
Leigh Perl, director at landlord EPIC UK, commented: “The letting of three entire floors in a single deal represents a significant transaction and is testament to the desirability of 9 George Square, which now has 50% of its floors fully let.
“Demand for serviced office space continues to grow in Scotland, with companies requiring greater flexibility as freelance and contract working rises.”
Robin Pugh, Real Estate Director at Orega, said: “We are extremely excited to be partnering with EPIC to deliver a best in class business centre at 9 George Square. Demand for shared workspace in Glasgow is increasing with greater flexibility being a key driver of our occupiers’ decision. We will provide high quality corporate grade workspace in a prime building in central Glasgow which will fill the current gap in the market.”
CBRE and Ryden represented the landlord EPIC UK, while Orega was represented by JLL.
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