Flexible office operator Cubo has taken the circa 20,000 sq ft second floor of Forma Real Estate Fund’s Aurora scheme at 120 Bothwell Street in Glasgow.
Forma and development partner HFD Group have undertaken a comprehensive refurbishment of the 175,000 sq ft corporate office HQ, which sits in the heart of Glasgow’s central business district.
Cubo opened its first site in Scotland in Edinburgh last year at 40 Princes Street. Its new Glasgow workspace will officially open its doors in April 2024 and will be the twelfth location in the Cubo portfolio.
Marc Brough, CEO of Cubo, said: “We are very excited to have secured what we believe is the best-in-class new Grade A space in Glasgow and look forward to launching Cubo in April this year. Our Edinburgh workspace continues to go from strength to strength and following openings in Manchester and Newcastle in late 2023, we see Glasgow as a critical piece in our plan to gain representation in all of the UK’s core city centres.”
Ben Dickins, UK head of asset management at Forma, added: “The integration of Cubo as the serviced office provider at Aurora provides further support to our wider occupiers to facilitate either organic growth or project space. The comprehensive refurbishment of Aurora and the delivery of a smart and highly sustainable office is continuing to be attractive to a wide range of corporate occupiers. This letting to Cubo represents our second letting and although we have advanced tenant interest in further space in the building the opportunity remains for forward thinking occupiers to join us on this journey.”
