CompropScotland Logo01:08, Saturday, July 04, 2009
The online Commercial Property Newspaper for Scotland


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New glass ceiling in The Park

By ALEX RENTON

A LANDMARK office building fronting onto Sauchiehall Street in Glasgow, is undergoing a dramatic external and internal transformation.

Clifton House, one of the few open plan office buildings in the overwhelmingly cellular Park district, is to receive an additional storey, extending to 9,683 sq ft, that will come with full floor to ceiling glazing, offering dramatic views to north, south, east and west. The floor below – the 4th – is also being extensively refurbished.

Other improvements to the building include two new high-speed passenger lifts and a newly-designed foyer and reception area.

The development will also be re-branded as One Clifton Place. Quoting rent for the fifth (new floor) is £18.50 a sq ft and

Image of how One Clifton Place will look with the new glazed top floor added
Image of how One Clifton Place will look with the new glazed top floor added

for the refurbished fourth floor, £16.50 a sq ft.

One Clifton Place is being undertaken by Glasgow-based Paradigm Real Estate Managers, who have retained Montagu Evans and Ryden as joint letting agents.

Charles Maasz of Montagu Evans commented: “The architects, Nord, were set the task of producing a modern, working environment within a design that complements and enhances both One Clifton Place and the historical nature of the surrounding townscape,

which I believe they have achieved.”

He added: “In terms of access, One Clifton Place boasts one of the best locations on the periphery of Glasgow city centre. Bus services along Sauchiehall Street are on the doorstep, Charing Cross station is within comfortable walking distance and, for motorists, slip roads to both directions of the M8 are just a couple of hundred yards away.”

Practical completion of the scheme is anticipated by the second quarter of this year.


Redundancy woe in DTZ move

At a time when few property jobs are completely safe, many long serving employees have had the comfort of believing that should the worst happen, they will be in line for a generous redundancy package.

However, according to employment lawyer, Dawn Robertson, increasing numbers of redundancy policies are under review, with some terms reduced to the statutory minimum. And, she says, there is probably little that most affected employees can do about it.

Ms Robertson, a partner in Edinburgh-based Murray Beith Murray, was speaking after DTZ became the latest firm to diminish its existing redundancy terms.

Previously, DTZ offered one week’s salary for every full year

Dawn Robertson - redundancy policies change
Dawn Robertson - redundancy policies change

of service but this has been altered to the minimum statutory amount, i.e. £350 for every full year of service.

The lawyer said that companies could take this action, unless redundancy terms were specifically a part of the employee’s contract, which in most instances would be unlikely. She said: “It is most likely that DTZ, like most other firms, have a redundancy policy which it makes clear is subject to change from time to time.

£2m extension at Bush Estate

SELECT, Scotland’s trade association for the electrical, electronics and communications systems industry, is embarking on a £2 million extension of its corporate headquarters at The Walled Garden on Midlothian’s Bush Estate.

The extension, for which the first turf was cut last month, will comprise a two-storey building added to accommodate new and existing tenant companies, including SELECT’s training organisation SECTT and the Heating and Ventilating Contractors’ Association.

The Electrical Safety Council and Best, the training organisation for the heating and ventilating sector, will join them in the new building.

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