Swedish bank Handelsbanken has appointed EPS to find a cost effective solution in light of their forthcoming break option in connection with their Glasgow office. Currently at 226 St Vincent Street, EPS will focus on negotiating the most competitive terms to have the break option removed, as well as identifying alternative premises for the bank.
EPS has secured significant cost savings for national quantity surveying practice Leslie Clark, in the renewal of the leasehold interest over their Glasgow office in Gordon Street. Despite some extremely tight timescales, a 5 year lease has been agreed, at a rent 18% below their current passing rent.
Specialist software consultant NVable has appointed EPS to advise on their future occupational requirements ahead of the forthcoming lease expiry of their premises at Skypark in Glasgow’s Elliot Street. EPS will be negotiating the best possible deal to extend NVable’s current occupation, as well as identifying alternative premises which offer better value for money.
64,500 sq ft letting to Plexus Corporation at Pyramids Business Park, Bathgate.
Appointed on behalf of Includem to acquire new 5,000 sq ft Glasgow Head Office.
Lease restructure - Acting on behalf of F&C REIT Asset Management, terms have been agreed with JP Morgan to extend their leasehold interest within Alhambra House, 45 Waterloo Street, Glasgow on a new 10 year FRI lease over the 2nd, part 3rd, 4th, 5th and 6th floors. The total area occupied by JP Morgan extends to 61,200 sq ft.
4,500 sq ft letting of the Ground Floor (rear) at Holyrood Park House, Edinburgh to Universities Scotland on a 10 year FRI lease. This final letting has now delivered the Fund with a 100% let building - a dramatic turnaround from the 50% vacancy rate when originally appointed 30 months ago to act as Asset Manager for the Fund.
23,410 sq ft lease restructure. Terms have been agreed with CITI Group
(the largest occupier within Holyrood Park House) to extend their leasehold commitment within Holyrood Park House until January 2016.
