{"id":433729,"date":"2025-09-18T13:41:27","date_gmt":"2025-09-18T13:41:27","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/433729\/"},"modified":"2025-09-18T13:41:27","modified_gmt":"2025-09-18T13:41:27","slug":"prime-glasgow-office-sold-for-19-6m-in-major-city-centre-investment-deal-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/433729\/","title":{"rendered":"Prime Glasgow office sold for \u00a319.6m in major city centre investment deal"},"content":{"rendered":"<p>                <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/09\/1758202881_654_Sentinel Glasgow 2.jpg\" alt=\"Prime Glasgow office sold for \u00a319.6m in major city centre investment deal\" class=\"w-100\"\/><\/p>\n<p>Lismore Real Estate Advisors (Lismore) has completed the sale of Sentinel, one of Glasgow\u2019s prime office buildings.<\/p>\n<p>Lismore advised Ardstone Capital investment managers on behalf of the Ardstone Regional Office Fund, a joint venture with CBRE IM on the \u00a319.60m sale to Clydebuilt II Limited Partnership (CLP II), a joint venture between Scottish property company Ediston and Strathclyde Pension Fund (SPF).<\/p>\n<p>Prominently located on the corner of Waterloo Street and Douglas Street, Sentinel is a Grade A landmark office building offering high-quality and flexible accommodation, extending to 84,095 sq ft over ground and nine upper floors, together with 26 secure basement car parking spaces.<\/p>\n<p>                                    <a href=\"https:\/\/www.scottishconstructionnow.com\/advert-click\/65b10b485e102\" target=\"_blank\" rel=\"nofollow noopener\" data-advert=\"65b10b485e102\"><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/09\/1758202884_475_Mabey Hire - Scottish Construction Now MPU Mar 25.gif\" class=\"advert\" data-advert=\"65b10b485e102\"\/><\/a><\/p>\n<p>                                    <a href=\"https:\/\/www.scottishconstructionnow.com\/advert-click\/63db81e3989a2\" target=\"_blank\" rel=\"nofollow noopener\" data-advert=\"63db81e3989a2\"><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/09\/1758202885_783_SCN_MPU 2025.jpg\" class=\"advert\" data-advert=\"63db81e3989a2\"\/><\/a><\/p>\n<p>The prime asset has undergone comprehensive refurbishment, with the most recent works completed in 2022. It now offers superior sustainability credentials, including an all-electric specification, EPC \u2018A\u2019 rating and WiredScore \u2018Gold\u2019 certification. Through this repositioning, Ardstone attracted a high calibre of occupiers including JLL, DWF, Chubb, Aggreko and Sedgewick International.<\/p>\n<p>                <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/09\/1758202887_325_Sentinel Glasgow 3.jpg\" alt=\"Prime Glasgow office sold for \u00a319.6m in major city centre investment deal\" class=\"w-100\"\/><\/p>\n<p>Commenting on the sale, Simon Cusiter, Director of Lismore said: \u201cThe sale of Sentinel represents one of the most notable office investment transactions in Glasgow city centre this year, reinforcing investor appetite for prime, income-producing assets in Scotland\u2019s largest city.<\/p>\n<p>\u201cArdstone Capital repositioned the building, helping attract high quality tenants and providing a platform for future performance. The quality of the building was highlighted by the competitive nature of the sale process.\u201d<\/p>\n<p>Calum Bruce, fund manager of CLP II, said: \u201cSentinel provides Clydebuilt with an attractive income stream which can be further improved through active asset management and the letting of the vacant floors.<\/p>\n<p>\u201cIn a market with a limited supply of high-quality office accommodation, Sentinel is an attractive opportunity for tenants looking for new premises, with good interest already being shown by prospective occupiers.\u201d<\/p>\n<p>Lismore Real Estate Advisors represented Ardstone Regional Office Fund.<\/p>\n","protected":false},"excerpt":{"rendered":"Lismore Real Estate Advisors (Lismore) has completed the sale of Sentinel, one of Glasgow\u2019s prime office buildings. Lismore&hellip;\n","protected":false},"author":2,"featured_media":431031,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7826],"tags":[748,918,4884,712,16,15],"class_list":{"0":"post-433729","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-glasgow","8":"tag-britain","9":"tag-glasgow","10":"tag-great-britain","11":"tag-scotland","12":"tag-uk","13":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115225590890986804","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/433729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=433729"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/433729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/431031"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=433729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=433729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=433729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}