Global pensions administrator Aptia opens second Scottish office in Glasgow

Global pensions administrator Aptia opens second Scottish office in Glasgow

145 St Vincent Street

Specialist pensions administrator Aptia has announced the opening of its second office in Scotland, securing a five-year lease for 4,528 sq ft at 145 St Vincent Street in Glasgow.

Launched on January 1st, Aptia is a private-sector pension administrator in the UK, managing pensions and benefits for over seven million individuals across 1,100 companies. The entity was formed as part of the acquisition of the US health and benefits administration and UK pension administration businesses of Mercer.

The new Glasgow office will open in the first quarter of 2024 following completion of fit-out works and will support 65 employees operating in a hybrid/agile environment. Earlier this month Aptia announced that it is taking space at Verdant House in South Gyle Business Park in Edinburgh.

Mike Methley, group president and chief administration office of Aptia, said: “Glasgow is an extremely important market for us and we wanted an office that would reflect both our ambition for growth and our core values of being a specialist, responsive and thoughtful company.

“145 St Vincent Street provides us with exactly that and we are very excited about taking occupation in the very near future.”

Martin Speirs, associate director at global real estate advisors CBRE, which represented Aptia in the Glasgow acquisition said: “As a global business it was important for Aptia to have a major presence in Scotland’s two largest cities and we were delighted to assist them in securing their new Glasgow office.

“The acquisition of the top floor suite at 145 St Vincent Street will ensure Aptia offer their staff a top class working environment and an office that benefits from some of the best views across the city, allowing them to attract and retain the best talent.”

145 St Vincent Street is located on the corner of St Vincent Street and Wellington Street, in Glasgow’s Central Business District. Both Glasgow Central and Queen Street are within easy walking distance and the building is surrounded by some of Glasgow’s best restaurants and bars.

Chris Ross, of landlord Robt. Jones Holdings, said: “We are thrilled that Aptia chose 145 St Vincent Street for their new Glasgow office, and we are convinced that the top floor of the building shall serve as an absolutely brilliant headquarters for their staff based in the West of Scotland.”

CBRE acted on behalf of Aptia Group. CBRE and Savills jointly act on behalf of Robt. Jones Holdings.

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