Knight Property Group has completed the acquisition of Atholl Exchange, a prominent office building in the heart of Edinburgh’s Exchange District, with plans underway for a comprehensive refurbishment and repositioning programme.
Located on Canning Street, the modern steel-framed corner building extends to 9,934 sq ft and is arranged over basement, ground and four upper floors. The all-electric property features open plan office floorplates and a full-height atrium, providing strong natural light through the reception area, alongside occupier amenities including LED lighting, lift access, secure bike storage, entry systems and dedicated car parking.
The Scottish property firm is set to deliver a strategic upgrade of the building, with works focused on refurbishing vacant floors, enhancing the atrium and common areas, and improving the external frontage. The aim is to elevate both the quality of the accommodation and the overall occupier experience.
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.
“There continues to be strong demand for well-located, high-quality office accommodation in the sector under 5,000 sq ft in Edinburgh, particularly space that meets modern expectations around sustainability, flexibility and staff well-being. 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.”
Angela Lowe, Director of CBRE, added: “There remains strong occupier demand in Edinburgh for high-quality office accommodation that combines a central location with modern specification and strong sustainability credentials.
“The proposed upgrades will significantly enhance the space and create an attractive offering for a wide range of businesses seeking premium office accommodation in the city. We expect the refurbished floor to generate strong interest from occupiers looking for high-quality, ready-to-occupy space in a competitive market.”
In Case You Missed It:
Atholl Exchange occupies a prime position close to Edinburgh’s West End within one of the city’s key financial and professional office districts. The location offers excellent connectivity, with Haymarket Station and the West End tram stop both within easy walking distance.
Nearby amenities include the Edinburgh International Conference Centre, the Sheraton Grand Hotel and the Waldorf Astoria Edinburgh, alongside a wide range of hospitality and leisure offerings in the West End.
The building is currently home to occupiers including EYCO, Westerwood Development Company and Land Use Consultants (LUC), with the first and second floors presently available to let.
