Serviced office unit occupancy levels soar 30% in three months
Buccleuch Property has completed a lease agreement for a new nursery in the fast-growing Aberdeen Energy & Innovation Parks in Bridge of Don. Stompers Nursery will open for business in July at the recently renovated Balgownie Centre. This will be the second location in the city for Stompers, which will provide care for infant and pre-school aged children. The newly fitted-out space includes a soft play area, crèche, café, outdoor play area and dedicated drop-off car park opposite the building.
The nursery is located in the InnovationPark, but will be available to parents working onsite at the Aberdeen Energy and Innovation Parks (AEIP), a joint venture between Buccleuch Property and Scottish Enterprise.
Cameron MacKay, Buccleuch Property’s associate director, says the addition of a nursery to the current service-offering provides significant added value to the 1800 strong workforce based at the Parks. “As landlords, having canvassed the opinion of Park occupiers, we knew there was strong demand for a nursery. Stompers were seeking to expand its existing provision in Aberdeen, so we are delighted to offer them a leasing agreement.”
Elsewhere on the InnovationPark, the newly launched serviced office units at the James Gregory Centre are being snapped up at a rate that has seen occupancy levels increase from 40% to 70% in the three month period from March to May. Mr MacKay says this reflects the growing demand for companies looking to lease small business spaces for two to four people on a flexible basis.
Since the beginning of the year, Buccleuch Property has welcomed to the Parks: Oliver Valves, ICR Integrity, RESON Teledyne, First Flight Non-Executive Directors, QoSL, AISUS Offshore Ltd, Glacier Energy Services and Suretank Ltd.
These new lettings when combined with the renewal of existing leases has seen income secured of more than £500,000 per annum over nearly 40,000 sq ft of accommodation. With only three office suites left of 3,000 – 10,000 sq ft, Mr MacKay expects occupancy across the Parks to continue to rise throughout the course of the year.