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M&G receives consent for £100m Glasgow office scheme

Cadogan-Street

M&G Real Estate has been granted planning consent for its £100m office redevelopment at Corunna House in central Glasgow.

M&G will demolish the two existing Corunna House buildings and replaced them with a new 12-storey block rebranded as 33 Cadogan Street.

The development will deliver 275,000 sq ft of office space designed to BREEAM “excellent” and WELL “shell & core ready” standards.

Work is expected to commence in Q2 2018.

Lynn Smith, director – development management, said: “There is a clear occupier appetite for high-quality office space in Glasgow and a lack of supply in the city’s office market, which makes it a prime location for investment.

Cooper Cromar acted as planning adviser for M&G.

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