Glasgow Business . 13
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Ryden high with eight awards
Property agent dominates at CoStar ceremony
R
yden dominated at CoStar’s 2016 Agency Awards ceremony in Glasgow recently aſter
scooping an impressive eight trophies, the most of the evening for any individual firm. Affirming its position as
Scotland’s top performing industrial property agent and the market leader in Glasgow’s offices sector, the firm won four out of five league tables in both sectors. CoStar’s research found that in the industrial market, Ryden concluded 203 disposals, compared with its closest competitor’s 80 and transacted 2.08 million sq ſt of space, almost
New business district
Clyde Gateway development set to create 12,000 jobs
Commercial property developer Highbridge Properties has launched what will be a new satellite business district for Glasgow and one of the UK’s largest office parks, at the former Shawfield development in Clyde Gateway. The development, branded
Magenta at Clyde Gateway, will comprise 1.2 million square feet of office space set on 27 acres next to the River Clyde and M74 motorway network and just 10 minutes from Glasgow’s city centre. Magenta is the largest office
development with planning consent in Scotland and will create a new national business district for the Central Belt. It is estimated that the development will bring at least 12,000 new jobs to the area. Clyde Gateway has invested £20 million in public realm and infrastructure works to the site to ensure it is development-ready.
Ryden scooped an impressive eight trophies at CoStar’s 2016 Agency Awards
0.5 million sq ſt more than its nearest rival. Te firm’s industrial agents also outperformed their competitors in terms of number of instructions and availability by square feet.
In Glasgow’s offices sector,
Ryden completed 81 disposals, double the number of its nearest rival and disposed of over 340,000 sq ſt, almost 50,000 sq ſt more than the firm in second
place. Ryden also handled more office instructions in the city than any other firm and has almost 200,000 sq ſt more space on the market than its closest competitor.
Ian Manson, Chief Executive, Clyde Gateway, with Adrian Hill, Director of Highbridge Properties
Magenta will provide a value
for money addition to the Scottish economy – with Grade A office space that offers savings of 37 per cent on similar new-build offices in city centre locations, and 28 per cent on similar refurbished city centre offices. It is expected that, as well as
office space, Magenta will support a number of shops, cafes, a gym and business centre.
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