Colin Casse, locations programme director for HMRC, added: ‘HMRC has a long-standing presence in Glasgow and the surrounding area. The UK Government Hub will be our new home in the West of Scotland. Atlantic Square is a stunning building which will provide a modern, flexible working environment which can easily adapt and cater for any future changes to our working practices and ways of working. We are looking forward to the first colleagues moving into the building next spring.’
Derek Gilby, senior fund manager at LGIM Real Assets, said: ‘We are delighted to see HMRC’s move to Atlantic Square. In line with Legal & General’s commitment to level-up regional economies, this not only highlights our commitment to Government hub deals, but also bolsters Legal & General’s wider investment in Glasgow. LGIM Real Assets continues to back the UK’s cities, supporting sustainable regional growth and driving job creation and economic value. And, as a long-term investor, these investments are well matched to back our pension commitments, meeting our long-dated income requirements. LGIM Real Assets proactively delivers stable returns for its investors, whilst driving wider value for our society.’
Atlantic Square also features Building 2 which will provide 96,650 sq ft of additional office accommodation. Speculatively built by BAM Properties and TCP Developments it offers floor plates of up to 15,400 sq ft and facilities will also include a tenant’s business lounge and meeting spaces, as well as showers, lockers and storage facilities for cyclists and runners. Negotiations are currently underway with potential occupiers.