Aker Solutions to lease new office in Aberdeen

Aker Solutions has agreed to lease a new office complex in Aberdeen for 20 years as part of an expansion in the UK.

The facility is under development and will consist of three interconnected buildings in the Aberdeen International Business Park on Dyce Drive, the main route between Aberdeen's city centre and international airport. The complex will total approximately 31,100 m² of office space and related facilities, including a fitness centre, catering facilities, a nursery, medical facilities and an auditorium. It constitutes the first phase of the park's development and is expected to be ready for occupation in the second quarter of 2015.

Comments

Commenting on the development, David Currie, Aker Solutions’ UK regional head, said: "This move is a long-term investment for us and underlines our commitment to Aberdeen and our customers in the area. The new offices will provide high-quality facilities and enable us to bring the majority of our employees in Aberdeen together in one central location."

The new facility will have the capacity to house approximately 2400 employees from different business streams.

Lease terms

Aker Solutions will lease the buildings from the property developer Abstract (Cornwall) Ltd. (ACL) for a total annual rent of £7.74 million over 20 years. The rent will be adjusted every five years based on changes in the retail price index. The first 12 months of the lease are rent-free. Aker Solutions also has options to extend the lease for three five-year periods, with the rent subject to open market review.

Adapted from press release by Katie Woodward

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