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Demand grows for Glasgow office space


What does 2018 hold for commercial property development? G


lasgow's commercial property sector requires a further phase of speculative new build in the near future


to create and take advantage of new opportunities. That's the view of experts in the field and the Chamber's own Chief Executive. According to those operating at


the sharp end, 2017 proved to be a satisfactory year and the coming 12 months will see sustained demand, however there is a need for high quality new build developments to get to the starting gate. Among others, Stuart Patrick, the


Chief Executive of Glasgow Chamber expressed the desire to see more Grade A office space in the city. He has said he will be watching closely to see whether any speculative Grade A developments get under way this year. Ewan Cameron of Ryden, the


commercial property consultants agrees. He noted: “As far as the city centre goes there was quite a bit of activity in the first part of 2017, things slowed down towards the third quarter then picked up pretty quickly towards the end of the year.” “We are down to around


60,000sq ft of new build space completed in the last two or three years. We should really look to have


Red Tree Magenta, Glasgow


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