PROPERTY management company Speirs Gumley has announced it is moving its 70-strong Glasgow workforce from its Bath Street HQ to the new Red Tree Magenta building at Clyde Gateway.

The award-winning firm is the first tenant at the new business park and the move comes as they plan to expand.

Speirs Gumley, which was established in 1827 and also has an office in Edinburgh, provides residential and commercial property management and residential letting services. The company has agreed a pre-let on the third floor of the four-storey building, which is set to complete this summer.

Lorraine MacDonald, Speirs Gumley owner, said: “As we invest in the long term future of the company, our new office will assist our business productivity and provide fantastic facilities for our visiting clients and employees alike.”

Built at a cost of £9 million, once fully occupied it is thought Red Tree Magenta will have the capacity to support 340 new jobs.