{"id":7562,"date":"2019-11-12T08:08:54","date_gmt":"2019-11-12T08:08:54","guid":{"rendered":"https:\/\/www.futurealgroup.com\/en\/news\/realista-hu-a-futureal-csoport-skociaban-vett-irodahazat"},"modified":"2019-11-20T08:21:58","modified_gmt":"2019-11-20T08:21:58","slug":"europe-real-estate-futureal-completes-its-first-uk-office-deal","status":"publish","type":"post","link":"https:\/\/www.futurealgroup.com\/en\/news\/europe-real-estate-futureal-completes-its-first-uk-office-deal","title":{"rendered":"Europe Real Estate: Futureal completes its first UK office deal"},"content":{"rendered":"<p>Trinova Real Estate\u00a0has completed the acquisition of the Spectrum Building in Glasgow on behalf of\u00a0Futureal Group, a leading real estate developer and investor in Central and Eastern Europe. The transaction marks a significant milestone in Futureal\u2019s expansion into Western Europe.\u00a0Situated in the heart of Glasgow\u2019s central business district on the corner of Blythswood Street and Waterloo Street, the iconic stainless-steel clad Spectrum Building offers over 6,800 m<sup>2<\/sup> of office and retail accommodation. The offices are occupied by prestigious tenants such as Arthur J Gallagher,\u00a0Hays Recruitment,\u00a0Hogg Robinson\u00a0and\u00a0Resolvecall. The retail units are let to\u00a0Subway\u00a0and\u00a0Bright Horizons Nursery. The purchase price was not disclosed.<\/p>\n<p>\u201cWe are delighted to have acquired Spectrum on behalf of Futureal in our first deal together in this partnership \u2013 in particular we are looking forward to executing an exciting business plan with Futureal on their first UK office asset. The fundamentals of the Glasgow market are particularly attractive and supportive of the business plan, and we are looking to reposition the asset to capture a number of opportunities,\u201d\u00a0said Sam Resouly, Partner at Trinova Real Estate.<\/p>\n<p>\u201cAs part of our latest strategy, we intend to acquire further income-producing properties in major cities with a focus on asset repositioning. In addition to securing value-add projects like the Spectrum Building in Glasgow or the recently purchased Antares office building in Warsaw, Futureal Group is now also sourcing new opportunities outside of its traditional Central and Eastern European markets for the group\u2019s commercial and residential investment and development businesses,\u201d\u00a0added Gabor Futo, founder of Futureal Group.<\/p>\n<p><a href=\"http:\/\/europe-re.com\/futureal-completes-its-first-uk-office-deal\/67207\" target=\"_blank\" rel=\"noopener noreferrer\">The article on Europe Real Estate is available here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trinova Real Estate\u00a0has completed the acquisition of the Spectrum Building in Glasgow on behalf of\u00a0Futureal Group, a leading real estate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[219],"tags":[290,295,347],"class_list":["post-7562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-futureal-goup","tag-international-developments","tag-office-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - 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