EY sub-lets new 38,000 sq ft Edinburgh office

By
Simon Creasey

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EY has sub-let the 38,000 sq ft second floor of 3 Haymarket Square in Edinburgh from Baillie Gifford. 

The firm will relocate from its current Edinburgh office at Atria One, Morrison Street, to the building by the end of the year, as part of EY’s continued investment in its growing Scotland business.

In 2020, Baillie Gifford signed a pre-let deal with M&G Real Estate for the new office, which comprises 280,000 sq ft of space over eight floors – double the size of its current office space. Around 1,600 Baillie Gifford colleagues will relocate from Calton Square, on the east side of the city, to the new head office in mid-2026.

Sue Dawe, EY Scotland country managing partner, said: “Our new Edinburgh headquarters is part of a series of investments that demonstrate continued commitment to our growing Scotland practice. We have around 1,300 people and partners across our three Scottish offices, and this move is part of strategic investment to further serve our clients, provide a modern workspace for our people and maintain a prominent, lasting presence across the country. It also represents our commitment to the Scottish economy, delivering high quality careers for those who live here – a local footprint with global reach.”

Tim Campbell, joint managing partner at Baillie Gifford, added: “The new office is a long-term investment for Baillie Gifford and our clients, bringing Edinburgh colleagues together in one place. When we agreed to move into such a large building, the lease was structured from the outset to give us flexibility. This sub-let makes practical use of space we do not yet need, while allowing another global business to benefit from a prime Edinburgh location. Work on the fit-out is progressing well and we look forward to moving in over the coming months.”

JLL advised on the sub-let deal.

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