Thursday 29 September 2011

Good credentials

Credential Holdings is one of a number of solid privately owned property companies in the UK which has quietly and steadily built up a diverse portfolio. Its latest deal is to lease 1,858 sq.metres (20,000 sq.ft.) in Tay House, Bath Street, Glasgow to Barclays Bank. Earlier, RBS and a government department had quit the building near Charing Cross leaving 3,716 sq.metres (40,000 sq.ft. vacant). That allowed Credential to upgrade the facilities at the popular office block.

The other major office property in Glasgow owned by Credential is Doges, Templeton on the Green, a fascinating former carpet factory which has been subject to a mixed use
refurbishment. This has the advantage of being close to the new M74 extension, main bus routes and railway station. It is also important for the future Commonwealth Games in 2014 as it houses Sportscotland (the administrative body) and is close to the site of the games. Within the complex there are modern tech offices, studio suites, a gym, nursery, micro brewery and restaurant and a hot food takeaway.

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