While most financial service companies are cutting down and cutting back, global financiers JP Morgan are expanding into new office space in Edinburgh.
After occupying their existing space at Edinburgh Park’s 3 Lochside View, the company is taking additional office space at it’s flagship building 7 Lochside View.
New Edinburgh Ltd, the developers at Edinburgh Park confirmed that JP Morgan has signed a lease until May 2016 for 8,000 square feet of office space in the prominent building.
Ben Reed, director with Jones Lang LaSalle, who acted for JP Morgan, said: “This is an important letting for the Edinburgh market as it highlights that we are still seeing growth in certain areas of financial services, an important sector for the local economy, even in tougher market conditions. It is also a further boost for West Edinburgh which has seen steady take up over the past few months with deals to DVLA, Logica and Sir Robert McAlpine. 7 Lochside View was the clear choice for JP Morgan as it lies directly opposite their existing offices on the Park.”
With cutting-edge design and high quality finish, 7 Lochside View offers smart and highly functional office space sharing benefits that include a dedicated railway station, a convenience store, health club, and nursery.
Tags: Jones Lang LaSalle, JP Morgan