Lettings at prestige address
IoD and Lomond move to Charlotte Collection
IoD office is extreme left in Charlotte Square
The Institute of Directors and Lomond Capital have taken offices in the The Charlotte Square Collection, a managed estate of 21 townhouse properties in Edinburgh’s traditional commercial quarter.
The IoD has signed a lease on 2,951 sq.ft. of office accommodation at 10 Charlotte Square, to form a new hub for Scotland’s directors and a modern headquarters for the organisation.
Property agent Lomond Capital has pre-let the entire five floors (4,500 sq ft) of No 32 Charlotte Square. The townhouse will now be renovated ready for occupancy in September.
They join Old Mutual Global Investors, Cumulus Asset Management, Syz & Co and Handelsbanken who moved in last year alongside established neighbours including Allied Irish bank, Amati Global Investors, Cornelian Asset Managers, Hampden & Co, Murray Capital and Ruffe.
The refurbishment of No 32 for Lomond Capital will bring the number of properties redeveloped within the Collection to ten and reflects the principle of long-term custodianship that owners Fordell Estates have embedded into its approach to the management of the Collection.
David Watt, executive director at IoD Scotland, said: “This move represents the creation of a new focal point for IoD members in Scotland, with state-of-the-art facilities in a prestigious central location.
“We very much look forward to unveiling our plans, and welcoming members and visitors to our new ‘hub’, which sits right at the heart of the business and political community.”
Nick Ball of Corran Properties, which manages The Charlotte Square Collection, said: “We are fulfilling our ambition to create a community of high-end businesses within Charlotte Square – and reinforcing the global recognition of this iconic Georgian address.”