ESG tech specialist Utopi announced as first tenant at Eastworks Image

ESG tech specialist Utopi announced as first tenant at Eastworks

18 August 2023

ESG tech specialist Utopi announced as first tenant at Eastworks

18 August 2023

Industry leading Environmental Social Governance (ESG) technology specialist, Utopi, is moving into the newly completed EastWorks building in Dalmarnock as part of their business growth plans. Ryden acted on behalf of landlord Clyde Gateway in this transaction. 

The company is the first tenant to move into the former Victorian era gas purifier shed as part of its strategy to bring more business investment into the area.

Utopi is a specialist ESG technology platform for multi-tenant real estate sector with around 43 employees. The company chose Eastworks, which sits in Scotland’s first Green Regeneration Innovation District, partly due to its environmental credentials, which fit with the ESG focus of Utopi.

EastWorks is the first commercial building to be connected to Clyde Gateway’s District Heating Network and has been designed with a firm focus on low carbon principles. It has also just been accredited with an EPC ‘A’ rating.

EastWorks comes to the market at the perfect time, with supply of new offices across Glasgow being extremely low and most relocating businesses now looking for the highest quality offices to retain and attract the best staff.

Martin McKay, Chief Executive of Clyde Gateway, who built and operates EastWorks said:

“Our key objectives are to make the Clyde Gateway area the best place to live, work and invest whilst also preparing our communities for the green industries of the future.

"EastWorks represents our success perfectly, and it is a huge vote of confidence in our communities to have a high growth, industry leading, international tech business like Utopi recognising that Dalmarnock is the best place in which to grow.

"This new striking building will be able to support up to 300 jobs at capacity and we are working hard to ensure it lives up to its potential of being one of the most desirable locations for organisations to be based in the city.”

For further information on the space available at Eastworks, please contact Gillian Giles.