Aberdeen-based property company Knight Property Group has completed the acquisition of Atholl Exchange, a prominent office building in the heart of Edinburgh’s Exchange District.
Located on Canning Street, Atholl Exchange is a modern steel-framed corner office building arranged over basement, ground and four upper floors, extending to a total of 9,934 sq ft.
The all-electric building features open plan office floorplates, a full-height atrium which provides excellent natural light throughout the reception area, alongside a range of modern occupier amenities including LED lighting, lift access, secure bike storage, secure entry systems and dedicated car parking.
Knight Property Group is set to undertake a comprehensive refurbishment and repositioning programme, aimed at enhancing the quality and occupier experience within the building. Planned works include the full refurbishment of the vacant floors, upgrades to the atrium, common parts and improvements to the external frontage.
James Barrack Jnr, Director of Knight Property Group, said: “We are pleased to have completed the acquisition of the building and are excited about the opportunity to reposition it within the Edinburgh office market. Our plans include a comprehensive programme of refurbishment and upgrading works designed to enhance the quality, efficiency and overall occupier experience within the property.
“We look forward to delivering a refreshed building that will appeal to a broad range of occupiers while securing the long-term future of the asset.”