The Oil and Gas Authority (OGA), the UK oil and gas regulator, has become the first occupant of Aberdeen Asset Management’s recently launched AB1 office complex.
Formerly known as Langlands House, the property has been renamed following a comprehensive refurbishment programme which has included the construction of a new three-storey glazed entrance area and significant investment in upgrades throughout the building to create modern, open plan office space. The project has been undertaken as a joint venture between Aberdeen Asset Management and Manse LLP.
The OGA has agreed a 10-year lease for two wings on the second floor, with the space also including a boardroom. The organisation, which was advised by GVA James Barr, accepted the keys to its new offices on June 26.
With the first high profile tenant secured, a further 36,500 sq ft of space at AB1 is actively being marketed by joint agents Knight Frank and Ryden.
David Mitchell, managing partner of Manse LLP, said: “We are delighted to welcome OGA to AB1. I believe we fought off significant competition to secure the OGA and I am certain that the superb quality of the building and its central location were the main deciders for them. We expect other lettings to follow very shortly.”
Katherine Monro, a partner in the Aberdeen office of Knight Frank, said: “The first letting is always significant and that is certainly the case with the OGA’s commitment to base its headquarters in Aberdeen, which is important for the city and is also an endorsement for AB1.
“The refurbishment has created flexible office accommodation with a focus on quality, with the remaining space able to cater for tenants with a wide range of requirements due to the configuration options available.”
Totalling 48,500 sq.ft. of office accommodation, AB1 offers open plan suites from 5,000 sq. ft. Further information on the project is available at www.ab1aberdeen.com