Carlyle secures 17,300 sq ft letting at Tanfield

By Bridging Loan Directory -

Property Funds World has reported that alternative asset manager The Carlyle Group has secured IT software company FNZ as its latest tenant at Tanfield, signing a ten year lease for 17,300 sq ft on the ground floor of Carlyle’s flagship office development.

FNZ, which provides market-leading platform technology and investment administration services to the financial services sector, will relocate from two separate offices in Edinburgh, enabling it to consolidate into a single larger, space and to continue its business expansion plans. It is expected to take occupation in October 2011, following the completion of the fit-out.

The latest letting follows that to, which relocated Tanfield earlier this year, joining a wide range of other occupiers including AECOM and Craneware.

Tanfield is situated on Inverleith Row and offers flexible and affordable grade A office space with 297 secure underground car parking spaces. The development has been designed to accommodate a broad range of occupiers with different space and tenancy requirements, which is reflected in the line up of tenants already located at the building.

Mark Harris, Director of The Carlyle Group, said:

“This latest letting not only reflects the outstanding quality of the space we have at Tanfield, but also the ongoing work we have done to ensure that it remains the first choice for occupiers in the region. Additional offerings to tenants, such as the concierge service and the secure parking spaces, enhance our offering, and, combined with Tanfield’s ideal location and competitive rents, makes it a compelling choice for those looking to take space in Edinburgh.”

Read the original article here.