Regus has taken a 10-year turnover lease for 30,000 sq ft, the entire second floor, of Tay House, an office block overlooking the M8 motorway in Glasgow city centre. Stephen Inglis, group property director and chief investment officer of London & Scottish Investments, asset manager of Regional REIT, said: “Regus is a great tenant for Tay House, further adding to the strong calibre of businesses located within the 157,000 sq ft Grade A office building. It will fit out the floor for its Spaces concept, the first outside London, in which occupiers can have flexible deals for co-working spaces, virtual office services and rented-by-the-hour rooms. The company is also looking at other locations around the UK including Canary Wharf in London – where it already leases space to start-ups such as Airbnb – and Manchester City Centre.
Regus has taken a 10-year turnover lease for 30,000 sq ft, the entire second floor, of Tay House, an office block overlooking the M8 motorway in Glasgow city centre. It will fit out the floor for its Spaces concept, the first outside London, in which occupiers can have flexible deals for co-working spaces, virtual office services and rented-by-the-hour rooms. The company is also looking at other locations around the UK including Canary Wharf in London – where it already leases space to start-ups such as Airbnb – and Manchester City Centre.