Shepherd and Wedderburn acts for Baillie Gifford in securing 280,000 sq ft pre-let

Shepherd and Wedderburn has acted for investment manager Baillie Gifford in securing a major commercial let.

The firm's property and infrastructure team has represented Baillie Gifford in agreeing a 20-year pre-let on a 280,000 square foot accommodation at the £350 million Haymarket Edinburgh development.

Haymarket Edinburgh is a mixed-use site currently being developed by M&G Real Estate and Qmile Group. The development is set to deliver more than 380,000 sq ft of Grade A office space along with hotel accommodation and 40,000 sq ft of retail space.

Baillie Gifford will relocate to the office in the latter half of 2023.

David Mitchell, a Partner in Shepherd and Wedderburn’s property and infrastructure team, said: “We are delighted to support Baillie Gifford in securing this lease for its future office. Haymarket Edinburgh is one of the most ambitious commercial developments currently underway in the Scottish capital and will provide high quality, well-designed workplaces.”