BAM Properties has officially handed over CONNECT110NS to its owners Deutsche Asset & Wealth Management (Deutsche AWM).

The official handover marks the completion of one of Scotland's most ambitious building projects on Queen Street in Glasgow.

The project has transformed the city's Style Mile, providing Grade A office accommodation.

The development was made possible with the help of £10 million in funding received from the Scottish Government's SPRUCE Fund.

BAM Properties also contributed a £40.4 million investment.

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Deutsche AWM bought the development for £70 million in September while it was still being built.

The building has a curved glass frontage facing the Gallery of Modern Art (GOMA) and comprises of 143,000 sq ft of office space along with 20,000 sq ft retail space.

Tenants Brodies LLP, Deloitte LLP and Grant Thornton UK LLP have a 40% let of the development, with a number of other lettings in the pipeline.

John Burke, Managing Director Properties of BAM said: "Launching a speculative development is a calculated risk at the best of times but fortunately our faith was justified when Brodies LLP signed up to be our first tenant and we were delighted when Deutsche AWM agreed to buy the building last year.

"We would not be celebrating today without the help and support of the SPRUCE Fund which was instrumental in part funding the building which is a new flagship for the city and sends a clear message that Glasgow is ready to compete at an international level."

(LM)