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RBS relocates to Marischal Square in Aberdeen

20th June 2018

Muse Developments, Aberdeen City Council and Aviva Investors have signed RBS for 7,000 sq ft of offices at the Marischal Square development in Aberdeen.

The move will see RBS relocate from the city’s West End in August to the top floor of the £107m scheme's 2MSq building. Other tenants to sign include Aberdeen Journals, Mackie’s, All Bar One, Prezzo, Costa, Tony Macaroni and Marriott International.

Mark Gall, regional director for corporate and commercial banking for Royal Bank of Scotland, said in a statement: “Royal Bank of Scotland is delighted to be moving to Marischal Square. Marischal Square is an important development for the city of Aberdeen and Muse’s investment in this site provides the city with office space that reflects the needs of modern business.

“Relocating here ensures our corporate and commercial teams remain in the heart of the city centre and alongside some of the region’s key employers and organisations.”

Stephen Turner, regional director, Scotland, at Muse Developments said: “The number of major businesses now buying into the ‘vision’ for Marischal Square is really encouraging and there is no doubt the prestige brought to the project by leading businesses and brands benefits both the development and city centre as a whole.

“We are now looking at several hundred jobs being attracted back into this key area of the city and those numbers benefit not only the businesses operating on site but also those around Marischal Square itself.”

Arron Finnie of Ryden added: “Marischal Square’s Grade A office space is not just a great working environment for employees, but an excellent social space with a range of restaurants and coffee shops and an attractive landscaped courtyard for the staff to enjoy. I feel confident that RBS’ move will encourage more companies to enjoy all the high standard benefits Marischal Square offer."

GVA (Edinburgh) acted for RBS; CBRE, Ryden and Savills represented Marischal Square project partners Muse Developments, Aberdeen City Council and Aviva Investors.

Arron Finnie

Arron is Aberdeen Regional Managing Partner and Head of Agency in the Aberdeen office. His experience includes development, investment, rent reviews, valuation and acquisitions and disposal of all types of commercial property.

Arron was listed as one of the top 50 leasing agents in the UK by Property Week in 2014.

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