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BlackRock in biggest office deal in decade

posted 1 Jul 2012, 13:29 by Tollcross Junction   [ updated 1 Jul 2012, 13:33 ]

Global investment manager BlackRock is taking space in one of Edinburgh’s newest office blocks in what is the biggest city-centre letting of a speculative development for almost a decade.

The US firm will occupy part of the first floor and three other entire floors of Exchange Place 1, owned by Scottish Widows Investment Partnership, in Fountainbridge.

BlackRock will double its existing 40,000sq ft of floorspace in nearby Torphichen Street, providing it with enough room to expand its operations.