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SRE Group Sells Glasgow Properties, Focuses on Prime Assets
Description
SRE Group, a Scottish property company, has sold two Glasgow properties for nearly £2 million to concentrate on their premier assets in the citys prime office district. The sales include thirty-seven Otago Street and the second floor of one sixty-two Buchanan Street, both to private buyers. This move allows them to focus on key properties like The Bookshop, ten Bothwell Street, The Courtyard, Aurora, and Union Point. In Q1, they leased 20,000 square feet across six projects and invested £500,000 in refurbishing their Glasgow holdings. John Grewar, their lettings boss, notes a strong demand for plug-and-play spaces in Glasgow. The sales provide cash to develop such spaces, with Q2 already showing promising deals.
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