Leading property consultant CBRE has announced it has secured a new occupier for The Tun, a high profile office development in Edinburgh owned by the Charities Property Fund, a client of Savills Investment Management, representing one of the first major lettings in Edinburgh, post Brexit.
Cloudreach, a global cloud enabler, has taken a suite on the third floor, extending to 7,350 sq ft, on a new five year lease. The firm plans to use the space as the UK branch of its operations centre.
Headquartered in London, Cloudreach is leading partner of Microsoft and Salesforce. Since being founded in 2009, it has cemented its reputation for expertise in planning, migrating and managing mission critical infrastructure to the public cloud, with enterprise customers including Channel4, Nissan, Time Inc. and the Met Office. Following significant global success, Cloudreach has acquired the new office in Edinburgh to support further expansion.
Cloudreach joins a strong list of existing occupiers at The Tun including GMC, BBC, Vattenfall, WWF and the European Parliament. Neighbouring commercial occupiers in the area include Rockstar North, Citibank and the Scottish Government.
Alan Matthews, director, CBRE, commented: “It is great news that Cloudreach has decided to take occupation at The Tun. It is a fantastic building with flexible open plan floor plates, and is a superb example of the regeneration of an existing building, coupled with striking contemporary modern architecture. It benefits from being situated in a highly accessible location, close to both a wide variety of amenities as well as great public transport links.”
The Tun is situated on Holyrood Road, opposite Holyrood Park, with excellent views of Arthur’s Seat and within easy walking distance of up to 50 bus routes and less than ten minutes’ walk from Waverley Rail Station and Princes Street. The area is well served by amenities including Starbucks, Hemma, Pizza Express, Foodies at Holyrood, Tesco Express and The MacDonald Hotel with Health Club.
CBRE represented Savills Investment Management on behalf of The Charities Property Fund. Cloudreach was unrepresented.
