What's Happening?
International law firm Clyde & Co is relocating its Edinburgh office from Albany House to Saltire Court, a Grade A building in the city's Exchange District. The move, facilitated by real estate advisers
CBRE and Cushman & Wakefield, involves a 10-year lease agreement. Saltire Court, known for its striking architecture and modern interiors, underwent extensive refurbishment in 2019. The building features communal areas, open meeting spaces, and flexible collaboration zones, supported by a double-atrium reception with 24-hour security. It also boasts sustainability credentials, including an EPC A rating, ActiveScore Gold certification, and a Fitwel 2 Star rating, with a target to achieve net zero carbon by 2030.
Why It's Important?
The relocation of Clyde & Co to Saltire Court highlights a growing trend among businesses to prioritize sustainability and modern work environments. The move reflects the firm's commitment to environmental, social, and governance (ESG) standards, which are increasingly important in the corporate world. By choosing a building with high sustainability ratings, Clyde & Co is aligning itself with global efforts to reduce carbon footprints and promote sustainable practices. This decision may influence other companies to follow suit, potentially leading to increased demand for eco-friendly office spaces.
What's Next?
Clyde & Co is expected to take occupancy of the new office later this year. The move may prompt other firms to consider similar relocations, especially those looking to enhance their sustainability credentials. The successful transition could also lead to further investments in sustainable infrastructure within the business district, encouraging a broader shift towards environmentally responsible corporate practices.
