Shepherd acquires top floor of One St Andrew Square for German tech firm
Shepherd Chartered Surveyors has concluded a deal to acquire the top floor of One St Andrew Square in Edinburgh, a high-end office development in the heart of the city centre, on behalf of Berlin-headquartered KPV LAB, expanding its offices into the UK.
The 3,813 sq ft top floor of the four-storey redeveloped building in the heart of the capital’s city centre features an exposed structure, services and brickwork, creating ‘de-furbished warehouse feel’ proving ever popular with office occupiers.
Steven Clarke, commercial agency surveyor at Shepherd Chartered Surveyors, said: “One St Andrew Square was an instant front runner for our client upon viewing; perhaps unsurprising given the prime location of the newly developed south side of St Andrew Square and the imminent St James development.”
“Edinburgh is fast becoming a hub for tech companies in the UK and Europe, with the industry dominating 2017 office space transactions. With further prime office developments under construction, we expect this trend to continue over the coming years, consolidating Edinburgh as a major European tech destination for occupiers.”
Tom Beddard, Director of KPV LAB Edinburgh, said: “It was the classic character of the exterior combined with the uniquely modern personality of the interior that really attracted us to One St Andrew Square. The space suitably complements our other offices in Berlin and Munich and will allow us to properly participate in the thriving tech scene in Edinburgh.”
For further information on all commercial agency and acquisition services please contact Steven Clarke on 0131 225 1234.
Issued on behalf of Shepherd by Liquorice Media tel 0187 738 2961 www.liquorice-media.com
Date: 16 January 2018