SentinelMarine takes space at The Exchange
The company will occupy 4,515 sq ft on the eighth floor on a 10 year lease. It joins other tenants: Solstad Farstad, Atlas Professionals, IHS Markit, GulfMark, Sodexo, Oil and Gas UK and The Scottish Children’s Reporter.
Savills secured the letting for Hermes Investment Management which has overseen a refurbishment to reposition a 1980’s building into an office fit for today’s occupier.
Savills research suggests prime Grade A rents in Aberdeen stand at £32.50 per sq ft (£350 per sq m).
Wordie extends bank facility
Wordie Properties – a family-owned Glasgow property company established in 1903 – has agreed a new £35m, five-year funding package with the Bank of Scotland’s Commercial Real Estate team.
The new facility replaces a previous £30m facility which was agreed with the bank in 2014, 15 months ahead of maturity.