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Edinburgh’s Exchange Plaza secures first tenants

Edinburghs Exchange Plaza office development, completed last week, has just bagged its first tenant.

Clydesdale Bank has signed up for around 2,322 sq m (25,000 sq ft) at the CALA-Morrison scheme in Edinburgh city centre. It has taken a 25-year lease at a rent of just under £247.57 per sq m (£23 per sq ft).

The bank was lured away from five existing buildings by the 9,300 (100,000 sq ft) development, the largest new office block in the Scottish capital.

Jones Lang Wootton, Knight Frank, and Ryden are the letting agents.

EGi News at MIPIM 97 (14/03/97)

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