Beeks Financial buys bigger HQ for growth

Beeks Financial Cloud Group Plc, the Glasgow-based cloud computing and connectivity provider for financial markets, announced it has acquired new company headquarters.

“Beeks headquarters will move from the existing leased office of the Lumina Building to the nearby Riverside Building in Riverside Business Park, King’s Inch Road, Braehead PA4 8YU in early 2022, following two years at the company’s current address, during which time the business has grown considerably,” said the company.

“With approximately three times the square footage, these larger premises will provide the necessary space to fulfil the company’s growth potential.

“Consideration for the property was £2.1 million, payable to Braehead Park Estates Limited, which was funded out of existing company cash balances and available debt facililties.

“There are no profits or losses attributable to the property pursuant to the acquisiton.

“Beeks will confirm the change in the company’s registered office address in due course.”