The 'CONNECT11ONS' building, located in the city centre, was sold by BAM Properties to Deutsche Asset & Wealth Management (Deutsche AWM) last year.
Work to the building is still currently ongoing, but is expected to be completed in June 2015. It comprises of 143,000 sq ft of prime office space over eight floors, with 19,000 sq ft of retail space on the ground floor. In 2014, it was announced that law firm Brodies was set to occupy 25,000 sq ft of the building, and chartered accountancy firm Grant Thornton would occupy 15,056 sq ft on the eighth floor. It has now been confirmed by BAM that a third occupier will take space within the development. Deloitte, which provides audit, tax, consulting and corporate finance services, is to lease the entire fifth floor, spanning 18,141 sq ft. The firm, which has 33 partners and more than 500 staff across its three Scottish operations, will relocate from its current premises in George Square.
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Welcoming the announcement, John Burke, Managing Director Properties, BAM Construct UK, said: "Connect110NS design, sustainability and location have been key components in attracting the high calibre of businesses to the development and we are delighted to welcome Deloitte.
"Glasgow has suffered from a lack of Grade A office development and with Connect110NS leading the way, along with other large scale city developments being planned, the city can only benefit from a competitive edge such investment and infrastructure creates."
Ian Steele, Senior Partner for Scotland & Northern Ireland at Deloitte, added: "This move comes at a great time for our business as we look to transform our Glasgow office into a more modern, sustainable space.
"Moving into a new building will hopefully generate a little excitement amongst our staff as well as give us the opportunity to interact and collaborate more readily, as we move from operating across three floors to just one.
"The new flexible working space will also support the significant steps we have made over the last 12 months to expand our Work Agility programme which encourages our people to work in a more agile way, equipping and trusting them to deliver work of a consistently high quality when they are not physically present in the office. We are delighted to be able to do all of this while remaining in a prominent City Centre location."
CONNECT11ONS will be handed over by BAM Construction to BAM Properties in June 2015. BAM Properties will continue to partner with Deutsche AWM to manage the building through to completion and full occupancy.
(JP/MH)
