Letting Agents Appointed for Iconic G1 Building

HFD Group and AWG Property have announced the appointment of Lambert Smith Hampton and CB Richard Ellis as joint letting agents for the prestigious G1 Glasgow development.

G1 Glasgow, being developed in joint venture between HFD and AWG, will provide 127,000 sq ft of prime grade A office and retail space in the heart of Glasgow city centre when it is completed in 2008.

The redevelopment of the 127 year-old former GPO building – which will regenerate the southern corner of George Square – will also feature a four storey glass roof extension providing panaromic views over the Glasgow skyline, whilst retaining its iconic A-listed Victorian façade.

The team of agents, headed up by David Smith at Lambert Smith Hampton and Phil Reid at CB Richard Ellis, will play a crucial role in attracting businesses to this unique city centre location and ensuring G1 is recognised Glasgow’s top business address.

William Hill, managing director of HFD Group, said: “We have appointed Lambert Smith Hampton and CB Richard Ellis as joint letting agents on this project due to their outstanding knowledge of, and record within, the Glasgow office market.

“ G1 is without a doubt one of the most exciting business locations in the UK and I have no doubt that our agency teams will attract a diverse range of clients to this stunning building.”

Stephen Kelly, director of AWG Property, added: “G1 will provide outstanding modern office facilities, but its façade and position at the heart of George Square will ensure it has a character which is unrivalled in the city centre. I’m convinced we have put in place an agency team that will be able to highlight its significant advantages and rapidly fill the available space.”

Notes to Editors: HFD Group

Founded in 1989 by William Hill, HFD has a corporate structure of three independent property groups, namely investment, development and management.

HFD’s current investment portfolio is valued in excess of £100m, which is expected to reach £250m within the next 18 months. The Group has developed over two million sq ft of office, call centre and leisure accommodation throughout the central belt of Scotland. This year’s development programme will see construction of a further eight office buildings across four sites, with a combined development value of £166m.

Firmly established as Scotland’s leading provider of serviced and managed office accommodation, HFD Group owns and manages over 275,000 sq ft of serviced office space at two of the country’s premier business parks, Strathclyde Business Park and Hamilton International Park.