An American-based real estate investment management firm has acquired some Glasgow office space for the sum of £70 million.
Pramerica Real Estate Investors has purchased 175,000 sq. ft. of Grade A office space on Bothwell Street, in Scotland on behalf of a client.

The city centre office space reportedly has outstanding environmental credentials and was the very first office building in Glasgow to be awarded a BREEAM ‘Excellent’ sustainable rating which has obvious benefits including boosting a business’ credibility, pride in a brand and reducing carbon footprint.

Friedrich von Carlowitz, Portfolio Manager of Pramerica, said: “141 Bothwell Street is one of the highest quality office assets in Glasgow, as demonstrated by its Excellent BREEAM rating, overall standard of fit-out and the quality of the tenants, and we are very pleased to have been able to take advantage of this investment opportunity.”

“We believe that the Glasgow office market offers one of the best risk-return-profiles in UK right now, and, with a relatively small amount of Grade A space available, this deal represents excellent value which we are confident will generate good returns on behalf of our investors.”


Official Space offices vary considerably to include a plethora of building grades, sizes, décor and prices to suit all budgets across the UK.Looking for an office unit in Scotland to set up your own business? Check out the UK’s leading office space website today at Official Space and search the fantastic spaces available in Edinburgh and Glasgow.

Call the experts today on 0845 260 55 10 to arrange a viewing of one of the quality serviced offices that are on offer from as little as £250. So call the specialists now or simply visit the site to create your very own investment opportunity.


Media Contact Details
Name: Official Space
Company Name: Official Space
Telephone Number: 0845260551
·Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Language: English