- UK serviced office company, Orega, will open its second Glasgow workspace in October 2020.
- The company will provide flexible office space across three floors at 220 Vincent Street.
- Orega has 18 centres across the UK, with plans to continue expanding its portfolio this year.
Privately owned serviced office provider Orega continues to expand by launching a second business centre in Glasgow, joining other popular Scotland locations, George Square, Glasgow and The Silver Fin Building in Union Street, Aberdeen.
A 15-year agreement was signed earlier this month with an institutional client of Barings. Orega has secured three floors within 220 St Vincent Street. Fit-out commenced in June 2020, with the business centre open for occupation in October 2020.
Located in an excellent position in the heart of Glasgow’s financial district, 220 St Vincent Street benefits from an attractive business address, extensive transport links and a variety of retail and hospitality offers nearby. It provides high-quality, modern offices set behind a stunning listed façade, appealing to occupiers.
Orega has 18 business centres throughout the UK, with plans to continue expanding its portfolio this year.
Zachary Douglas, CEO at Orega, said: “We are delighted to open our second business centre in Glasgow and expand our Scottish footprint. Reflecting on what continues to be challenging times for many, we are pleased to have successfully navigated through the last few months.
“Orega provides landlords with above-market returns through our co-investment ‘Workplace as a Service’ amenity. Our occupiers benefit from the Orega white label, premium space with flexibility and scalability. This is needed now more than ever. We are looking forward to launching 220 St Vincent Street.”