EDINBURGH-based renewable energy company Red Rock Power has become the latest tenant to commit to long-term lease at 30 Semple Street.
The office development, which is being undertaken by Corran Properties Limited on behalf of CBRE Investment Management, will be the newest and greenest office development in the city when it completes later in 2024, developers said.
The office was the first to achieve BREEAM ‘outstanding’, a design-reviewed NABERS 5 target rating, and a platinum AirScore.
Red Rock Power has committed to lease the 8,135 sq. ft. 4th floor of 30 Semple Street, which offers the company’s 80-strong team views of Edinburgh Castle and the city’s skyline. The company plans to move into the building in Spring 2025, following completion of the building’s construction.
The landlord’s team was represented by Knight Frank, Cuthbert White, and Brodies. Red Rock Power was represented by JLL and Addleshaw Goddard.
Zoe Gray, director at CBRE Investment Management, commented, “We’re delighted to welcome Red Rock Power. It is especially pleasing to welcome a leading renewable energy company which recognises and endorses the environmental standards we have set for ourselves at 30 Semple Street.”
Frazer Wardhaugh, chief legal officer at Red Rock Power, added, “30 Semple Street is the perfect home for us as we continue to grow our operations in the UK and Europe. Its best-in-class green credentials, attention to detail and high quality, modern finishes are parallel with our own vision and the move will mark a key step in our own evolution as a business.”
