GAP Group has announced that it has completed the acquisition of Citypoint 2 on Tyndrum Street in Glasgow.
The independent equipment hire company plans to relocate its current Head Office to the 38,836 sq ft office building, which overlooks the M8 motorway on the northern periphery of Glasgow City Centre.
The family business has outgrown its current base in the city and the new Head Office is key to expansion plans for the company, which employs more than 1,800 people across 145 locations in the UK, with a turnover in excess of £220m, with plans to double in size over the next six years.
It has experienced significant growth in recent years with the addition of 10 new divisions including Welfare Services, Survey & Safety, Non-Mechanical, Lifting, Trenching & Shoring and Tanker Services divisions and has ambitious plans to introduce further specialist divisions in the months ahead.
Douglas Anderson, Joint Managing Director of GAP Group Limited said: "GAP's Head Office has been located at Carrick House for over 25 years now, where we originally started out with just 17 employees based in the building. This has now grown to almost 200 staff in total.
"For this reason and to accommodate further expansion, our new office, based in the north of Glasgow city centre and twice the size of Carrick House has been purchased. A key use of the extra floorspace will be for data interrogation and logistical support to drive efficiency.
"We are completely refurbishing this building and are determined to create a state of the art working environment for all current and future employees."
The building, which is arranged over ground and four upper floors, features a rooftop entertainment terrace and wellbeing area.
Fergus Maclennan, Partner at Cushman & Wakefield, who acted on behalf of GAP Group on the property acquisition said: "We are absolutely delighted to have secured the purchase of Citypoint 2 to allow GAP Group to further expand their business operations.
"GAP Group recognises the importance of returning to the office and creating a collaborative environment where staff will enjoy working and connecting with colleagues. It's a fantastic location for GAP Group with immediate motorway access and great parking provision too."
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
22/11/2024
SP Energy Networks has announced a major investment in Britain's electricity grid, selecting 19 preferred partners to deliver a £5.4bn supply chain programme. This significant initiative aims to meet increasing energy demand and facilitate future growth. The selected companies, many of which are ...
22/11/2024
Edinburgh City Council has launched a 12-week public consultation on a new strategy to revitalise Princes Street and the wider Waverley Valley. The vision aims to create a more vibrant and welcoming city centre, attracting investment, supporting businesses, and enhancing the visitor ...
22/11/2024
Ener-G Services Limited, a leading UK electrical engineering company specialising in renewables, marine, and offshore sectors, has expanded its operations in Westhill, Aberdeenshire. The company has leased Unit 6E at Kingshill Commercial Park, a 2,500 sq ft space, on a 5-year lease. This new ...
22/11/2024
A consortium of leading scientists, industry experts, and academic institutions has joined forces to accelerate Scotland's offshore wind sector. The £2.5 million project, led by the University of Edinburgh in collaboration with the University of Dundee and the Forth and Tay Offshore cluster (FTO), ...
22/11/2024
The Port of Aberdeen and Turner & Townsend were highly commended in the 'Engineering, Construction & Infrastructure Project of the Year' category at the APM Project Management Awards 2024. The award recognises excellence in project management and the positive impact on end-users. The £420 million ...
22/11/2024
South Lanarkshire Council's £10 million fire safety improvement programme has reached a significant milestone, with CCG (Scotland) completing installations in over 1,700 high-rise residences across East Kilbride and Cambuslang. The Glasgow-based construction firm has been working closely with the ...
22/11/2024
SSEN Transmission, a key player in the UK's energy transition, is set to further expand its workforce and move into a new, sustainable office space in Glasgow. The company's commitment to net zero and the increasing demand for green energy workers has led to significant growth, with the number of ...
22/11/2024
Scottish Water is investing in the upgrade of its Loch Eck clean water plant in Dunoon. The project involves replacing outdated dry well pumps with new, more reliable pumps capable of operating in both wet and dry conditions. WGM Engineering, an RSK Group company, has been tasked with carrying out ...
22/11/2024
Scottish Land & Estates has expressed serious concerns over the Scottish Government's Land Reform Bill, particularly the provisions that would allow ministers to force landowners to sell large estates in lots. Sarah-Jane Laing, the organisation's chief executive, stated that while the land-based ...
22/11/2024
Clark Contracts employees have once again shown their commitment to community engagement by volunteering at Silverburn Park in Leven. On Thursday, 21st November, 16 members of the team spent their day planting over 400 trees and carrying out other landscaping tasks. This latest volunteering effort ...