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| EGi
Deals & UK Cities Newsletter - Edinburgh 2010 |
| Deals Update |
Congratulations to Jones Lang LaSalle, who achieved the first place in the EGi Edinburgh office disposal league table for 2009. This table was published in the Estates Gazette on 13th March and was based on the amount of office sq ft let and sold in Edinburgh in the past year. 2007 to 2009 office disposals are compared in a chart below.
Congratulations also to winners of the EGi Edinburgh deals competition; Ryden scooped the overall Most Active Agent whilst Jones Lang LaSalle was crowned the Most Active UK Agent. This competition, based on EGi Research, counted the number of all commercial property deals in the past year. Rankings by sector in the Edinburgh market can be seen below.
For in-depth Edinburgh City Centre building information please search on EGi UK Cities Service.
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Deals
Winners Edinburgh: Jones Lang LaSalle and Ryden |
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Top
3 Agents by number of deals between January 09 to December 09 |
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| OFFICE |
- Ryden
- Jones Lang LaSalle
- DTZ
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| INDUSTRIAL |
- Ryden
- King Sturge
- Jones Lang LaSalle
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| RETAIL/LEISURE |
- Cushman & Wakefield
- Culverwell
- Ryden
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| Edinburgh Office
Agency League Table Chart by Sq Ft 2007 – 2009* |
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* Office occupational sales and lettings only. The table refers to agents acting for the lessor or the vendor. Joint agency deals are related to both agents. Central Edinburgh is defined as the postcode areas of EH1, EH2, EH3, EH4, EH6, EH7, EH8, EH11 and EH12. |
Key Office
take-up in Edinburgh - January 09 to December 09 |
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| Address |
Size (sq ft) |
Lessor's/Vendor’s Agent |
Lessee/Purchaser |
Lessee’s/Purchaser’s Agent |
2 Exchange Place |
38,200 |
Jones Lang LaSalle/ Cushman & Wakefield |
Wood Mackenzie |
Montagu Evans |
Wemyss House, 26-31 Charlotte Square |
36,000 |
Ryden |
Private |
N/A |
Hermiston Quay, Cultins Road |
30,411 |
Eric Young & Co |
National Trust for Scotland |
Ryden |
4-5 Lochside Avenue |
26,053 |
Montagu Evans/ BNP Paribas Real Estate |
Agilent Technologies |
Cushman & Wakefield |
7 Lochside View |
21,692 |
Jones Lang LaSalle/ GVA Grimley |
Business Stream |
Strategic Occupier Solutions |
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Key Planning Applications/Permissions - January 09 to December 09 |
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| Address |
Size |
Proposal |
Status |
Submitted/Granted |
EICC, Exchange Court, Morrison Street |
Total Floorspace:325,848sqft Office and Retail
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Extension |
Permission |
Submitted 01/06/2009
Granted 18/02/2010 |
91-93 Princes Street |
Retail: 70,000sqft |
New Build |
Application Notice |
Submitted 21/12/2009 |
St James Centre, Leith Street |
Office: 160,000sqft
Retail: 850,000sqft
Hotel: 200 rooms Residential: 250 units
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New Build |
Permission |
Submitted 19/09/2008
Granted 04/06/2009 |
Soco, South Bridge |
Hotel: 200 rooms |
New Build |
Permission |
Submitted 26/09/2008
Granted 07/07/2009 |
123 Princes Street |
Hotel: 103 rooms Retail:28,000 sqft
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New Build |
Permission |
Submitted 05/09/2008
Granted 25/05/2009 |
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Development Pipeline - January 09 to December 09 |
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| Proposed Developments |
| Scheme |
Size |
Proposal |
Completion |
Agents |
Springside |
Office:135,000 sq ft Residential: 600 units Residential - Student: 314 units
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New Build |
2012 (Currently on hold) |
King Sturge/ Ryden |
Bridgeside House, McDonald Road |
Office:258,314 sq ft |
New Build |
2010 |
DTZ |
| Soco, Southbridge |
Office/Retail/Leisure: 107,640 sq ft |
New Build |
2011 |
N/A |
| Completions |
| Scheme |
Size |
Proposal |
Completion |
Agents |
The Cube |
Office: 66,000 sq ft |
New Build |
2009 |
Cushman & Wakefield/ Jones Lang LaSalle |
| Westport 102, Westport |
Office: 94,000 sq ft |
New Build |
2009 |
Jones Lang LaSalle/ Ryden |
| Quartermile Two, Simpson Loan |
Office: 52,500 sq ft |
New Build |
2009 |
CB Richard Ellis/ Montagu Evans |
| Exchange Place, Fountainbridge |
Office: 199,683 sq ft |
New Build |
2009 |
Cushman & Wakefield/ Jones Lang LaSalle |
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| Contact Information |
For further information about this newsletter
or EGi Deals & UK Cities Database please contact Rachel O'Sullivan on 0161 246 1051 |
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