Case Studies - Former SMG Plc Headquarters, Glasgow

Value: £13.35 million
Size: 53,500 sq. ft.

CALA Properties was selected by SMG Plc, a Glasgow based media company to develop a 90,000 sq ft extension to their headquarters office to accommodate their publishing businesses, The Herald, The Sunday Herald, and the Evening Times. SMG Plc signed up to an Agreement for Lease. Forward funding was secured with German investors Internationales Immobilien-Institut GmbH (iii-investments).