The Scotsman

Edinburgh city centre offices get new lease of life

- Scott Reid

Property profession­als hope to address a demand and supply imbalance in Edinburgh’s office market after significan­t investment in a Grade A-listed city centre building.

The interior of the Stamp Office on Waterloo Place — adjacent to Waverley Station and the new St James Quarter — has been “comprehens­ively refurbishe­d” within the listed Georgian façade, with three floors now available for new occupiers.

In addition to new-look receptions and common areas, facilities for active commuting have been added to the building’s basement level. These include cycle storage, a drying room, a “wellness room” incorporat­ing Peloton bikes and changing and shower facilities. The interiors are said to have a “defurbishe­d” design, bringing the historic building in line with modern occupier requiremen­ts, including exposed ceilings with visible pipework and vents.

The Stamp Office is owned by Citybee, the UK office joint venture between Europi Property Group and Trinova Real Estate, with Knight Frank and EYCO acting as joint leasing agents. Current tenants include health tech business Current Health and digital design consultanc­y xdesign.

Toby Withall, office agency partner at Knight Frank Edinburgh, said: “The imbalance between the supply of office space in Edinburgh and demand continues, making refurbishm­ent projects critical to ensuring new, topquality space is available for businesses who want to set up a base here or relocate within the city. Stamp Office is steeped in history and, combined with the prime location beside Waverley Station and St James Quarter, it is an attractive place to call home.”

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