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| 25.01.08 BUSINESS HOMES CALA LIMITED CONTINUES SCOTTISH EXPANSION Business Homes CALA Ltd, one of theUK's leading developers of small office pavilions, is continuing its success and expansion in Scotland with the acquisition of further sites in the country. To date, the company has completed five developments north of the border with two of these in Glasgow, one development at Halbeath Interchange at Dunfermline, one at Glasgow Airport Business Park. These schemes provided in total 106,678 sq.ft and of this total 72.33% of all buildings were either pre-sold or pre-let. Further phases of development are planned at Halbeath and Satellite Park and three new developments are currently under construction providing a further 84,344 sq.ft of accommodation. These schemes are located in Aberdeen (Crombie Mills Business Park and Twin Spires Business Park) and at New Houstoun Business Park in Livingston. The key to the success of the Business Homes office pavilions is the size of accommodation provided and the fact that these smaller buildings are geared towards the SME market where 97.8% of British businesses are in terms of company size. Development Director for Scotland, Brian Robinson, was appointed to take future development forwards in the country commented, "Our product has been developed over a period of 10 years and with this experience, we know exactly what smaller businesses are looking for in terms of office accommodation. These types of organisations are looking for highly specified offices which, importantly can provide them with their own front door and provide an attractive working environment for their staff. Specification highlights such as a fully equipped kitchen on each floor of our buildings makes moving into on of our schemes far eaier than buildings which do not provide this type of feature as standard" Other features of the Business Homes CALA product include a state of the art CCTV security system on all developments. Brian added "Our customers feel both safe and secure in their working environment which at present is one of the most importantconsiderations for any occupier". Given the success to date, Business Homes CALA are aggressively seeking further sites throughout Scotland. At present, 20 sites are being developed throughout the UK contributing to annual sales of £110 million. This scale of development means that savings can be made on construction costs and thus pricing of completed buildings can be as competitive as possible. Two new developments are due to be announced shortly in and around the Glasgow area and with discussions ongoing on a number of other sites throughout the country, further schemes shall be coming out of the ground in the short term. For further information please visit www.businesshomes.co.uk |
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