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28th November 2011 Email: info@estatesgazette.com Sales: 0845 3088811


EGi Deals & UK Cities Newsletter - Glasgow

Glasgow Deals Competition 2011

Congratulations to winners of the EGi Glasgow deals competition; Ryden scooped the Most Active Overall Agent whilst Jones Lang LaSalle was crowned the Most Active UK Agent. This competition, based on EGi Research, counted the number of all commercial property deals in the past year. Rankings by sector in the Glasgow market can be seen below.

The EGi 2011 deals competition is now underway Send your 2011 deals, big or small, to deals@egi.co.uk before 13th January 2012 to take part. For more information visit estatesgazette.com/deals-competition


Submitting Deals

Submitting deals to EGi is FREE and simple - click for a deals form Alternatively call 020 7911 1868 to find out more.

For further information about this newsletter or EGi Deals & UK Cities Database please contact Zoe Bond on 0161 246 1045.



Glasgow Deals Winners Ryden and Jones Lang LaSalle with EG's Damian Wild and Stacey Meadwell.
 
 
Top Agents in Glasgow by number of deals between October 2010 to September 2011
 
RETAIL/LEISURE
  1. Cushman & Wakefield
  2. Culverwell
  3. Jones Lang LaSalle
  4. CB Richard Ellis
  5. Savills

OFFICE
  1. Ryden
  2. Jones Lang LaSalle
  3. DTZ
  4. Cushman & Wakefield
  5. GVA


INDUSTRIAL
  1. Ryden
  2. Colliers International
  3. James Barr
  4. Jones Lang LaSalle/King Sturge
  5. Knight Frank
Glasgow Office Agency League Table 2011

Congratulations to Jones Lang LaSalle, who achieved the first place in the EGi Glasgow office disposal league table for 2011.

The table was published in the Estates Gazette on 26th November and was based on the amount of office sq ft let and sold in Glasgow in the past year. 2009 to 2011 office disposals are compared in a chart below.

For in-depth Glasgow City Centre building information please search on EGi UK Cities Service.

 

Glasgow Office Agency League Table Chart by Sq Ft 2009 – 2011*
 

* Office occupational sales and lettings only. The table refers to agents acting for the lessor or the vendor. Joint agency deals are related to both agents. The area covered is Central Glasgow covering postcodes G1-G4.

 
Key Office take-up in Glasgow - October 2010 to September 2011
 
Address Size (sq ft) Lessor's/Vendors's Agent Lessee/Purchaser Lessee's/Purchaser's Agent

Tontine, 20-46 
Bell Street, G1

110,000 City Property (Glasgow) LLP Glasgow 2014 Jones Lang LaSalle

Sky Park 5,
45 Finnieston
Street, G3

52,932 Jones Lang LaSalle/Ryden Glasgow School of Art Jones Lang LaSalle

Sentinel, 103-109 Waterloo Street, G2

50,500 DTZ Morgan Stanley Cushman & Wakefield

4 Cadogan Square, G2

36,000 City Property (Glasgow) LLP Hilton Group plc Jones Lang LaSalle

G1 Glasgow, George Square, G1

34,000 CB Richard Ellis/Lambert Smith Hampton Mercer Limited Jones Lang LaSalle
 
Key Planning Applications/Permissions - October 2010 to September 2011
 
Address Size Proposal Status Submitted/Granted

110 Queen Street, 224 Ingram Street, G1

Office: 135,000 sq ft Retail: 20,000 sq ft

 

New Build Outline Application

Submitted 17/08/11

St Vincent Plaza, 303 St Vincent Street, G2

Office: 170,000 sq ft Retail: 2,659 sq ft

New Build Outline Permission Submitted 01/08/11 Granted 15/08/11

Odeon Building (Former Paramount), 52-56 Renfield Street, G2

Office: 165, 452 sq ft Retail: 9,740 sq m

Refurbishment/ Extension Outline Permission Submitted 24/12/10 Granted 25/03/11

Wall Street on the Clyde, Washington Street, G3

Office: 250,000 sq ft Retail: 20,000 sq ft Residential: 25 Units

New Build Permission Submitted 12/10/07 Granted 20/05/11
 
Development Pipeline - October 2010 - to date
 
Proposed Developments
Scheme Size Proposal Completion Agents

Sixty7, Hope Street (Former Copenhagen Building)

Office: 59,351 sq ft Retail: 5,651 sq ft

Refurbishment/ Extension 2012 Knight Frank /McManus Property Consultants

Phase One Collegelands,
High Street, G1

Office: 90,000 sq ft
Student Accomodation: 640 beds Multi story Car park: 1200 Spaces

New Build Q4 2011 CB Richard Ellis

Premier Inn, 141 West Nile Street, G1

Hotel: 210 Rooms Change Of Use 01/08/2012 N/A
Completions
Scheme Size Proposal Completion Agents

Indigo Hotel 73-77 Waterloo Street, G2

 

Hotel: 96 Rooms

Change Of Use 01/04/2011 N/A
 

Key Investment Sales by price in Glasgow - October 2010 to September 2011

Address
Type
Price
Vendor's Agent
Purchaser
Purchaser's Agent

Sky Park,
Elliot Place, G3

Office

£53.75m
Knight Frank

Moorfield Estates Resonance Capital

Jones Lang LaSalle
Retail
£31.75m
Smith Cole Wright
Ignis Asset Managment
King Sturge

The Equinox, 19 Cadogan Street,
G2

Office
£27m
Capita Symonds
Union Investment Managment
DTZ
Office
£20m
DTZ/ Ryden
Scottish and Southern Energy
MWM Property Consultants

 
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