Burness Paull grows at Exchange Plaza

Burness Paull, based on the third floor of Exchange Plaza in Edinburgh has leased the 16,676 sq ft second floor beneath its current premises, taking its total floor space in the building to 33,353 sq ft.

The deal means the Grade A office building on Lothian Road, which is also home to Cairn Energy plc, Artemis Fund Managers, Leeds Building Society and Brewdog is now fully occupied.

JLL and Knight Frank acted as joint letting agents for the building’s owner, The Lister Property Partnership, who recently refurbished the building installing new air conditioning, metal suspended ceilings and LED lighting.

Cameron Stott, director at JLL, said: “When Clydesdale Bank vacated Exchange Plaza, there was over a third of the building vacant. However, due to the quality of refurbishment delivered by the landlord and the prestige and prominence of the building, we have had a healthy level of interest in the vacant space and this has resulted in securing a fantastic letting result returning the building to 100 per cent occupancy.

“Exchange Plaza is undoubtedly once of the most admired buildings in Edinburgh, and this has been backed up by the strength of occupier interest in the office accommodation.”

The building’s full-height seven-storey atrium has also been transformed with the provision of new soft furniture and informal meeting areas.

Tamar Tammes, managing partner at Burness Paull, commented: “We are committed to growing the firm sustainably and attracting the very best talent to serve clients.

“With that comes the need to create a modern, flexible environment for our people, and the expansion of our footprint at Exchange Plaza meets these requirements perfectly.”