International law firm Clyde & Co is relocating its Edinburgh office, moving from its current premises at Albany House to Saltire Court in the city’s Exchange District.
The firm has signed a 10-year lease and is expected to take occupancy later this year.
Saltire Court is one of Edinburgh’s most recognisable Grade A office buildings, celebrated for its sweeping colonnade, distinctive circular tower and grand five-storey entrance with framed views of Edinburgh Castle.
Global real estate adviser CBRE, working alongside Cushman & Wakefield, secured the move on behalf of the landlord.
Chris Cuthbert, director at CuthbertWhite, which represented Clyde & Co in the transaction, said: “We’ve been very busy advising Clyde & Co on their portfolio in Scotland over the last 2 years, and they tasked us with unearthing 12,000 sq ft in Edinburgh that represented sensible value and a significant step up from Albany House.
“Their aim was always to repurpose fit out where possible, which we did by securing a space previously used by the legal sector.”
Dentons advises on refinancing distribution centre
Dentons has advised global investment firm Värde Partners on the £35 million refinancing of a one million-plus sq ft logistics centre in Dunfermline, occupied by Amazon.
The borrower is a client of Knight Frank Investment Management which acts as asset manager on its behalf.
The financing also involved Trimont Europe as both agent and security agent.
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