The consent will pave the way for M&G Real Estate to demolish the two existing Corunna House buildings and build a new 12-storey block, which will be rebranded as 33 Cadogan Street.

The development will deliver 275,000 sq ft of Grade A office accommodation in a key city centre location designed to BREEAM ‘Excellent’ and WELL ‘shell & core ready’, a certification granted by the International WELL Building Institute.

Works on 33 Cadogan Street are expected to commence in the second quarter of next year.

Lynn Smith, Director – Development Management at M&G Real Estate, said:  “There is a clear occupier appetite for high quality office space in Glasgow and a lack of supply in the city’s office market, which makes it a prime location for investment.”