Cubo doubles up in Scotland with 20,000 sq ft office space

Derby flex office operator, Cubo, has bought a 20,000 sq ft workspace in Glasgow.

Agreements have been exchanged between the landlord, Forma Real Estate Fund and Cubo to take the entire second floor of Aurora at 120 Bothwell Street in the city’s prime office location.

The new acquisition will add around 350 desks to the Cubo portfolio.

The 175,000 sq ft Aurora has been developed by Forma and development partner HFD Group.

This refurbishment includes a rooftop terrace, wellness area and fitness studio, plus auditorium, townhall meeting space and podcast studio.

Cubo’s arrival in Glasgow will be its second venture in Scotland, with Cubo Edinburgh opening in July 2023 at 40 Princes Street.

The new Glasgow workspace will officially open its doors in April and will be the twelfth location in the Cubo portfolio.

Marc Brough, CEO at Cubo, said: “We are very excited to have secured what we believe is the best-in-class new Grade A space in Glasgow and look forward to launching Cubo in April this year.

“Our Edinburgh workspace continues to go from strength to strength and following openings in Manchester and Newcastle in late 2023, we see Glasgow as a critical piece in our plan to gain representation in all of the UK’s core city centres.”

Ben Dickins – UK head of asset management at Forma, said: “The integration of Cubo as the serviced office provider at Aurora provides further support to our wider occupiers to facilitate either organic growth or project space.

“The comprehensive refurbishment of Aurora and the delivery of a smart and highly sustainable office is continuing to be attractive to a wide range of corporate occupiers.

“This letting to Cubo represents our second letting and although we have advanced tenant interest in further space in the building the opportunity remains for forward thinking occupiers to join us on this journey.”