HFD Group Finds Glasgow a Haven for Like-Minded Businesses
23rd Nov 2023
HFD Group is one of Scotland's leading property investment, development and management companies with a long, successful track record in and around Glasgow. Some of their most well-known developments include Bothwell Exchange (122 Waterloo Street + 177 Bothwell Street) and the G1 Building on George Square.
Stephen Lewis, MD of HFD Property, said:
Glasgow has a thriving business community that we’re proud to be part of. There are so many reasons that make the city a great place to do business. Availability of our top-class universities feeding into the talent pool that employers have access to on their doorstep and of course, the high quality of sustainable office accommodation on offer is a big draw for companies looking to establish or grow a footprint in Scotland. Our move to 177 Bothwell Street means HFD is now in close proximity to a wider range of customers across the public and private sector, as well as being at the heart of the busy international financial services district.
The sheer number of Grade A office developments and high-quality refurbishments undertaken by HFD in recent years is a testament to Glasgow’s ability to sustain capital investment and growth. HFD’s flagship building at 177 Bothwell Street is the single largest office development in Glasgow (317,000 sqft). It recently set a new headline rent for Glasgow and has since been sold to Spanish investment firm Pontegadea for £215 million - making it the largest investment sale in Scotland of all time.
HFD have also relocated their headquarters to 177 Bothwell Street demonstrating their belief that it’s the best office development in Glasgow. Locating in Glasgow’s Central Business District has also reconnected them with the buzz of Glasgow and put them in proximity to their customers. Bothwell Street has become the premier business address and is home to well established occupiers from blue chips to multinational companies. There is a wealth of opportunity in Glasgow.
Like HFD Group, choose Glasgow and you’ll be in excellent company. Start-ups, SMEs and blue chips all agree there’s something unique and inspiring about Scotland’s largest city. Major global businesses are attracted to Glasgow as their preferred business location because it is one of the most affordable cities in the UK and Europe, offering excellent value for money and access to an exceptional business environment and talent pool.
This has translated into a concentration of clusters where Glasgow truly excels; it's fuelled by an emerging tech sector and a long history of innovation, creativity, and engineering prowess.