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News Release

Edinburgh

SPIE Aims for Growth in Scotland with New Office in Edinburgh Park


EDINBURGH, 3 February 2016 - SPIE UK, a leading provider of multi-technical services, has taken on new premises in West Edinburgh, following the company's continued success.

Leasing 2,300 sq ft of office space Leven House, 10 Lochside Place, Edinburgh Park has provided SPIE with a new Scottish office.

Landlord the Local Authorities Property Fund, managed by CCLA, who recently bought Sainsbury's Bank in Edinburgh Park for £19m, experienced high demand for the space at 10 Lochside Place, triggering a closing date to be set on the sought after property.

JLL acted for CCLA to secure a five year lease at a rate in excess of the quoted rent of £17 per sq ft. Jones Granville represented SPIE UK.

The deal means that Leven House is now 100% occupied, leaving no vacant accommodation available within the building which was refurbished in 2013. SPIE follow Bluefin Insurance and Computershare in acquiring space in the building.

Based in South Gyle, Edinburgh Park is Scotland's largest business park - a 58 hectare development that is home to a range of different occupiers. Located to the west of Edinburgh city centre, Edinburgh Park is easily accessible by road and public transport, and is just a short drive away from Edinburgh airport.

In 2015, JLL were involved in 100% of Grade A office space transactions in West Edinburgh.

SPIE UK provides energy, safety and environmentally focused solutions across multi-technical and support services from initial design, through installation, testing, commissioning to long term maintenance and facilities management, and employs more than 3,000 staff from a network of regional offices throughout the UK.

Bruce Robertson, Surveyor at JLL in Edinburgh, commented: "The success of Leven House and the setting of a closing date over the last remaining suite demonstrate the popularity of refurbished buildings offering open plan floor plates. This is true of suites below 5,000 sq ft in size where much of the market demand lies."

Will Smith, Managing Director of SPIE Multi-Technical Services of SPIE UK, said: "This is an ideal location for SPIE and we are looking forward to becoming an occupant at Scotland's largest business park."