GLOBAL COMPANY MOVES INTO VERDANT AT SOUTH GYLE
Following a multimillion-pound refurbishment, worldwide IT specialist Fujitsu has taken 7,664 sq ft of workspace at CEG’s Verdant office development at South Gyle Business Park in west Edinburgh.
CEG completed the £4.5million makeover of the four-storey building last year, delivering a new-look building to rival the city centre offer. Façade improvements, new windows and reception area have transformed the building, along with the addition of tenant facilities such as a café, a state-of-the-art wellness suite with quality showers, drying room and lockers, EV charging and secure a cycle hub with secure parking and repair facility. The building is now powered by renewable energy, sourced through a Renewable Energy Guarantee of Origin (REGO) contract.
Grace Lewis, investment manager at CEG, said: “It’s fantastic to welcome a global brand like Fujitsu to Verdant. The redevelopment sought to deliver a more environmentally friendly building through the installation of new glazing, energy efficient heating, lighting and ventilation, as well as providing tenant facilities to encouraging cycling. Fujitsu is recognised as one of the world’s leading socially responsible companies and its team at Verdant will benefit from contemporary, healthy and energy efficient workspace.”
In addition to conventional space in suites ranging from 1,421 sq ft to floors of 21,600 sq ft. CEG has also delivered 4 Let Ready studios. Offering a range of interior design options, the fully-furnished workspace for teams of 18 to 51 people provides modern kitchens and dedicated meeting rooms and enables a company to move in, plug in and start work immediately. Grow-working space at its best, the individual studios offer companies the opportunity to be part of a wider thriving business community on flexible easy in/easy out flexible leases.
CEG’s on-site Life team help staff and local businesses connect and they, and the Life app, are dedicated to making occupier’s lives easier, happier, healthier and more productive through promotions, wellness activities, support and events.
CEG has appointed EYCO and Savills to market Verdant. Neil McConnachie, partner at EYCO, said: “We are delighted to have secured Fujitsu at Verdant. Attracting such a great tenant is a testament to the quality of the refurbishment that CEG has delivered. Offering high quality, modern Grade A multi let office space, with an onsite café, excellent shower and wellbeing facilities and the ability to meet requirements of various sizes, Verdant is being very well received in the market.”
Fujitsu was advised by Avison Young.
Verdant occupies a prime location close to Edinburgh’s bypass with good links to motorway networks. Close to Edinburgh airport and just six miles from the city centre, it has an established transport interchange where trains, buses, trams are within walking distance for staff and visitors.
One of the most successful business locations in Scotland, West Edinburgh is already home to BT, Sainsburys, HSBC and Aegon. Facilities include Gyle Shopping Centre boasting retailers such as Marks and Spencer, cafés, restaurants, a children’s nursery, gym and hotel. Parabola’s new mixed use community is currently under construction at Edinburgh Park. Once completed the development will provide in addition to new homes and offices, a civic square featuring bars, restaurants and shops, a lido swimming pool, a gym and an exhibition venue.
As a long term investment and management company, CEG also manages three office buildings nearby called The Stones. The company specialises in long-term investment, seeking properties it can improve, creating collaborative business communities designed to help occupiers thrive and go. Offering concierge services and a unique Core and Flex lease model designed to allow a business to expand and contract within the space. This helps to manage company growth and additional projects, as well as seasonal demand and the effects that social distancing will have on office requirements.