Flexible workspace provider Orega is expanding its footprint at The Capitol Building in Aberdeen. The company originally signed a management agreement with landlord M&G Real Estate for 10,000 sq ft, but it has since added a further 5,000 sq ft.
Lynsey O’Keefe, chief operating officer at Orega, said: “Orega already had a strong presence in Aberdeen. We opened phase one of The Capitol Building 100% occupied and this has led to us taking additional space. We are attracting much interest from a wide range of businesses who are increasingly looking for a flexible way to occupy very high-quality space that is also value for money, in support of the return to the office to work. This is a trend which shows no sign of abating in Scotland, as in the rest of the UK.
John Duxbury, head of UK portfolio asset management at M&G Real Estate, added: “Through our refurbishment of The Capitol Building we have created much-needed Grade A, sustainability-led office space in Aberdeen that has led to new leases with Orega and Ryden in recent months.
“Our work at The Capitol Building continues our strategy of developing assets of scale in prime locations where we are able to enhance the built environment by delivering buildings with best-in-class ESG credentials that attract leading occupiers, enabling us the potential to deliver compelling returns for our investors.
