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Property Of The Week
Property Of The Week

Q6 (2 Quartermile Square) Lauriston Place Quartermile Edinburgh

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Cityoffices provides a comprehensive 'knowledge' database covering all major office projects in selected UK and continental European cities. The research covers recently completed office schemes, those under construction and identifies future development proposals.


Office News

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- Springside offices delayed
- Tiger all set to run
- The Cube fills The 'Gap'
- Q6 pre let
- Haymarket Green consent

Development boom for 2009
In Edinburgh only three office schemes, comprising five buildings, are under construction. These schemes will provide 34,099 sq m (367,042 sq ft) of Grade A office space. Next year only 9,787 sq m (105,346 sq ft) of office space will come on stream but development activity is set to increase rapidly from early 2008 and on current developer intentions 127,448 sq m (1.3m sq ft) would be delivered by the end of 2009.

Ocean Point letting
The British Heart Foundation has taken 279 sq m (3,000 sq ft) on the first floor at AWG's Ocean Point 1, Ocean Drive, in Leith, EH6 6JL, for a new regional office. Cushman & Wakefield advised.

Tiger stalks EDi's yard
Tiger Developments is the ‘preferred developer’ to buy EDI’s development site at the Goods Yard on Morrison Street, Edinburgh. The site has planning permission to for 46,465 sq m (500,000 sq ft). Metropolis has been advised that Tiger is the main contender to acquire the site and Page & Park has replaced Reiach & Hall as the architect. Tiger is part of the Irish firm O’Flynn Construction.

BUREDI plans
EDI Group, Edinburgh council's arms-length development company, has formed a joint venture with Burrell Group called BUREDI. The joint venture is planning a £70m mixed-use development of the Tartan Club site in Freer Street, Fountainbridge, Edinburgh. The scheme includes 6,643 sq m (71,500 sq ft) of offices and 200 new homes. BUREDI will acquire the site from Scottish & Newcastle if planning consent is received.

Morrison Goods Yard on market
Jones Lang LaSalle has been appointed by EDI to sell the 1.8ha (4.4 acre) Morrison Goods Yard site in Haymarket, Edinburgh, for about £23m. The site has planning permission for 17,651 sq m (190,000 sq ft) of offices as part of a 46,451 sq m (500,000 sq ft) mixed use scheme. Marketing the site will start in mid March.

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