By Ian McConnell
SEDGWICK International, which provides claims services to insurance companies, is relocating more than 200 staff to the Sentinel building on Glasgow’s Waterloo Street, from its current Bath Street office.
The company will occupy 18,268 sq ft of space in the Sentinel building, which has been refurbished by property investment manager Ardstone Capital on behalf of the Ardstone Regional Office Fund. The fund was set up in early 2013 to acquire Grade A “regional office assets in the UK’s principal cities”, and brings together CBRE Global Investment Partners and Ardstone Capital as investment and asset manager.
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Sentinel is the first Grade A refurbishment to be completed in 2020 and will offer 63,700 sq ft of office space. The refurbishment has included a re-modelling of the reception and common areas. The landlord has provided spa-style changing facilities in the basement, with cycle storage and electric vehicle charging stations.
Michael Cecil, head of asset management at Ardstone Capital, said: “We are delighted that such a globally recognised business has chosen Sentinel as their home in Glasgow for the long term.”
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Sarah Hagen, associate at Sentinel joint agent Knight Frank in Glasgow, said: “Sentinel is a major, high-end redesign of one of Glasgow’s most distinctive office buildings.”
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Phil Reid, at Sentinel joint agent Phil Reid Associates, said: "Securing Sedgwick International UK as an occupier for Sentinel underlines the quality of the refurbishment that was undertaken at the building. We are delighted to have agreed this deal and look forward to welcoming them to Sentinel.”
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