A regional publisher has downsized one of its hubs in a move to a new city centre office.

Reach plc is leaving its Scottish headquarters in Glasgow at Anderston Quay, pictured, on the north bank of the River Clyde.

As a result, its Scottish titles including the Daily Record, Glasgow Live, Sunday Mail and Scottish Daily Express will be based out of offices on the first floor of 55 Douglas Street, around half a mile to the north-east, in future.

According to the commercial letting giant CBRE Group, Reach has signed a 10-year lease for the 14,298 sq ft of workspace at a rental of £29.50 per sq ft. The total comes to an annual bill of around £420,000 per year.

Glasgow was one of 15 hubs across the British Isles saved when Reach undertook a widespread cull of its office space.

David Dick, editor in chief of the Scottish Daily Record and Sunday Mail, told The National: “This is the start of a new era for the teams at the Daily Record and Sunday Mail who will be joined by the Scottish Daily Express, Glasgow Live and journalists from many of our other print and digital mastheads.

“We look forward to building a fantastic future for our news brands in our new city centre home.”

Martin Speirs, associate director at CBRE Scotland, added: “It is great news that we’ve secured Scottish Daily Record and Sunday Mail Limited for 55 Douglas Street.

“While the office market is facing challenges, this letting is clear evidence that quality accommodation is highly sought after by occupiers and that the wellbeing of their staff is paramount when selecting new office space.”