HFD Group sells 177 Bothwell Street to Pontegadea for £215m
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Commercial property firm HFD Group has sold 177 Bothwell Street to Spanish investment firm Pontegadea in a deal worth around £215 million, according to reports.
The deal arrives just before construction is completed on the 315,000 square foot development, where HFD has pre-let space to tenants including Virgin Money, BNP Paribas, AECOM, CBRE, and Transport Scotland.
Last week, Scottish Construction Now reported that the firm will relocate its headquarters from Strathclyde Business Park to 177 Bothwell Street, where it will take up the top floor of the building.
News of the sale of the building was first reported by property news website Costar News.
A spokesman for HFD Group declined to comment on the sale.
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