KPMG seals deal for new Glasgow office

Accounting giant KPMG has become the latest occupier to take space at the St Vincent Plaza office development in Glasgow.

KPMG is moving to Glasgow's St Vincent Plaza building. Picture: Iain McLean

The firm will move from its current offices on the city’s West George Street next year and lease the entire top three floors of the 12-storey building.

About 350 of its Glasgow-based staff will move to St Vincent Plaza. The firm also employs more than 175 people at its “UK tax centre of excellence at 123 St Vincent Street.

St Vincent Plaza, developed by Abstract, is a speculative Grade-A office development spanning 172,280 square feet, and last week distiller Whyte & Mackay was revealed as the first firm to take up space in the building.

Craig Anderson, senior partner for KPMG in Scotland, said: ”This investment in larger, state-of-the-art offices, in a stunning location, signals our confidence in the plans for further growth of our business in Scotland. We continue to expand the range of offerings we have alongside our core areas of expertise.”

Christopher McPherson, development director of Abstract, added: “We have had significant occupier interest in this development since completion and it is fantastic that KPMG have seen the merits of our building over the other options available to them after an extensive due diligence process.

“It is particularly good to be able to confirm this letting so soon after Whyte and Mackay committed to the fourth floor and I believe we will fill the remaining space soon.”

Joint agents for St Vincent Plaza are CBRE and Ryden. Knight Frank represented KPMG.