Montagu Evans advised City of Edinburgh Council on the disposal of this prime Grade A office investment in the city centre, in what is one of the largest office sales to have been concluded in central Edinburgh. Deka Immobilien completed its purchase of ATRIA in March 2016 for a purchase price of £105.25 million.
The scheme in Edinburgh’s Exchange Financial District was constructed in 2013 comprises two buildings totalling 200,000 sq ft of office and retail space, which is let to multiple tenants including PwC, The Law Society, Green Investment Bank, Brewin Dolphin, EICC and AON.
Montagu Evans were involved in this project throughout as letting and investment agents. Craig Wallace secured the planning consent for this development at the outset of this project. Montagu Evans were involved in design team meetings and regular progress meetings over the life of this project.
Image by David Marsh via wallgo.co.uk