The company said the sale price represents a profit on acquisition and construction costs of more than 60% and is in line with the valuation at June 2015. Regus has signed a ten-year deal with Regional REIT for 30k sq ft of space at Tay House, Glasgow for a rent of £750k net p.a. Relevance: The company is looking to expand its business into the UK and Europe in order to compete against established players like Airbnb and Homeaway.
Regus has signed a ten-year deal with Regional REIT for 30k sq ft of space at Tay House, Glasgow for a rent of £750k net p.a. Relevance: The company is looking to expand its business into the UK and Europe in order to compete against established players like Airbnb and Homeaway.